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History
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| Number of pages / Number of words: |
2 / 553 |
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They claim to disdain the use of theory in resolving them. The English economist John Maynard Keynes saw the error in such thinking:
The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed, the world is ruled by little else...
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Indeed, the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually slaves of some defunct economist. (The General Theory of Employment, Interest, and Money)
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