Supreme intellectual achievement
March 17, 2011
Ricardo offers us the supreme intellectual achievement, unattainable by weaker spirits, of adopting a hypothetical world remote from experience as though it were the world of experience and then living in it consistently. With most of his successors common sense cannot help breaking in — with injury to their logical consistency.
John Maynard Keynes,
The General Theory of Employment, Interest and Money, Appendix to Chapter 14