[Peace-discuss] J. M. Keynes on changing positions

John W. jbw292002 at gmail.com
Mon Apr 6 01:52:41 CDT 2009


When the facts change, I change my underwear.

And you may quote me.  :-)

--JBW


On Sun, Apr 5, 2009 at 7:12 PM, C. G. Estabrook <galliher at illinois.edu>wrote:

'When the facts change, I change my mind. What do you do, sir?'
>
> --Reply to a criticism during the Great Depression of having changed his
> position on monetary policy, as quoted in "Lost Prophets: An Insider's
> History of the Modern Economists" (1994) by Alfred L. Malabre, p. 220 [but I
> don't know if it's adequately sourced there --CGE].
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