Anthony Crosland, address to the Trade Union Public Services International in Copenhagen ('Government and Industry') (September 1971), quoted in Socialism Now (1974), p. 274

The great service of Keynes to recent history is that we now know, in the way that governments did not know in the 1930s, how full employment can be maintained.

— Anthony Crosland

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "The great service of Keynes to recent history is that we now know, in the way that governments did not know in the 1930s, how full employment can be maintained." in the context of "Anthony Crosland, address to the Trade Union Public Services International in Copenhagen ('Government and Industry') (September 1971), quoted in Socialism Now (1974), p. 274" to mean that wisdom is timeless.

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Source: Wikiquote: "John Maynard Keynes" (Quotes about Keynes: Sorted alphabetically by author or source) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
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.