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In the Long Run, We Are All Dead
In the long run, we're all dead. Comes from a 19 23 book called a tract on monetary reform. It may be the case that in the longrun, all of these magical functions of the market will eventually balance and lead to some sort of harmonious prosperity. But an enormous amount of stuff can happen over the short run. If you'e an economist, you've got to do something to create prosperity in the here and now. He didn't care about his grandchildren. He just said, wreall going to die, so let's let's live while we're young. And as his thought developed over the subsequent decade or so, kanes came to believe not only