Thursday, February 6, 2014

From The New York Times, 10 June 1934:


I see the problem of recovery, accordingly, in the following light: How soon will normal business enterprise come to the rescue? What measures can be taken to hasten the return of normal enterprise? On what scale, by which expedients and for how long is abnormal government expenditure advisable in the meantime?
- John Maynard Keynes

2 comments:

The Arthurian said...

See also
The Essential Keynes.

They have it as 11 June 1934. Oops.

The Arthurian said...

The article "Sees Need for $400,000,000 Monthly to Speed Recovery" by John Maynard Keynes appeared in the NY Times on June 10, 1934. I saw it at the TimesMachine.

timesmachine.nytimes.com/timesmachine/1934/06/10/issue.html

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