Joan Robinson, An Essay on Marxian Economics, Chapter VIII, p. 67

The consequences of Mr. Keynes's attack upon orthodoxy are very far reaching. First, it cuts the ground from under the pretended justification of inequality, and allows us to see the monstrous absurdity of our social system with a fresh eye.

— Joan Robinson

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "The consequences of Mr. Keynes's attack upon orthodoxy are very far reaching. First, it cuts the ground from under the pretended justification of inequality, and allows us to see the monstrous absurdity of our social system with a fresh eye." in the context of "Joan Robinson, An Essay on Marxian Economics, Chapter VIII, p. 67" to mean that wisdom is timeless.

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John Maynard Keynes

About John Maynard Keynes

John Maynard Keynes, 1st Baron Keynes of Tilton (5 June 1883 – 21 April 1946) was a British economist whose ideas, known as Keynesian economics, had a major impact on modern economic and political theory and on many governments' fiscal policies.