Keynes, I am sure, often interpreted his role as that of the prophet and the politician, and it was in such a period, I presume, that he once wrote: "Words are to be a little wild, for they are the assaults of thoughts on the unthinking." I do not challenge this for prophets and politicians, for they have special occupational license to promote their objectives free from stodgy inhibitions on the exercise of all their rhetorical resources for persuasion. I believe in the virtues of professional division of labor, however, and I am troubled, therefore, when economists adopt the role and the tactics of the prophet or the politician, especially when there is any ground for suspicion that what is involved is false prophecy.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Keynes, I am sure, often interpreted his role as that of the prophet and the politician, and it was in such a period, I presume, that he once wrote: "Words are to be a little wild, for they are the assaults of thoughts on the unthinking." I do not challenge this for prophets and politicians, for they have special occupational license to promote their objectives free from stodgy inhibitions on the exercise of all their rhetorical resources for persuasion. I believe in the virtues of professional division of labor, however, and I am troubled, therefore, when economists adopt the role and the tactics of the prophet or the politician, especially when there is any ground for suspicion that what is involved is false prophecy." in the context of "Jacob Viner, "Comment on my 1936 review of Keynes' general theory." (1964)" to mean that wisdom is timeless.