Milton Friedman, in the cover story of TIME (31 December 1965)
• Time published a letter from Friedman (4 February 1966) saying: Sir: You quote me as saying: “We are all Keynesians now.” The quotation is correct, but taken out of context. As best I can recall it, the context was: “In one sense, we are all Keynesians now; in another, nobody is any longer a Keynesian.” The second half is at least as important as the first.
• Often misattributed to President Richard Nixon
• Time published a letter from Friedman (4 February 1966) saying: Sir: You quote me as saying: “We are all Keynesians now.” The quotation is correct, but taken out of context. As best I can recall it, the context was: “In one sense, we are all Keynesians now; in another, nobody is any longer a Keynesian.” The second half is at least as important as the first.
• Often misattributed to President Richard Nixon
“
We're all Keynesians now.
— Milton Friedman
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "We're all Keynesians now." in the context of "Milton Friedman, in the cover story of TIME (31 December 1965)
• Time published a letter from Friedman (4 February 1966) saying: Sir: You quote me as saying: “We are all Keynesians now.” The quotation is correct, but taken out of context. As best I can recall it, the context was: “In one sense, we are all Keynesians now; in another, nobody is any longer a Keynesian.” The second half is at least as important as the first.
• Often misattributed to President Richard Nixon" to mean that wisdom is timeless.
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
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.
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.
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