Friday, October 22, 2010

Quote of the day

John Maynard Keynes:
I see us free, therefore, to return to some of the most sure and certain principles of religion and traditional virtue – that avarice is a vice, that the exaction of usury is a misdemeanour, and the love of money is detestable, that those walk most truly in the paths of virtue and sane wisdom who take least thought for the morrow. We shall once more value ends above means and prefer the good to the useful. We shall honour those who can teach us how to pluck the hour and the day virtuously and well, the delightful people who are capable of taking direct enjoyment in things, the lilies of the field who toil not, neither do they spin.

FLG's emphasis. The Ancient pointed out this essay to FLG in the comments. In any case, FLG keeps telling you, this time horizons thing has got some merit.


George Pal said...

“those walk most truly in the paths of virtue and sane wisdom who take least thought for the morrow.”

Those who take least thought for the morrow place too much credit in today, abandoning virtue and taking up with vice.

One might just as easily believe Keynes was making a case for... sin.

Alpheus said...

Wow...that is a fascinating quotation. Damning, really.

"In the long run, we are all dead. Also evil and insane."

FLG said...


If you think about it, this was the point I made about Leisure being the end goal of Marxism. The goal is freedom from economic constraint, well all constraints really, and in a very real sense freedom from economic constraints means the freedom not to worry about tomorrow.

Alpheus said...

FLG: I agree that Marxism is basically a fantasy of paradise where we don't have to worry about the future anymore because we're already there at the "immanentized eschaton."

I think you're right about leisure as the end goal of Marxism -- but then again, Aristotle says leisure is the end goal of *all* effort.

FLG said...

Yes, but Aristotle rightly understood Schole.

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