To Hayek, June 28, 1944, reprinted in John Maynard Keynes, Activities 1940–1946. Shaping the Post-War World: Employment and Commodities, ed. Donald Moggridge, vol. 27 (1980) of The Collected Writings of John Maynard Keynes
“

In my opinion it is a grand book. We all have the greatest reason to be grateful to you for saying so well what needs so much to be said. You will not expect me to accept quite all the economic dicta in it. But morally and philosophically I find myself in agreement with virtually the whole of it: and not only in agreement with it, but in deeply moved agreement.

— John Maynard Keynes and Friedrich Hayek

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "In my opinion it is a grand book. We all have the greatest reason to be grateful to you for saying so well what needs so much to be said. You will not expect me to accept quite all the economic dicta in it. But morally and philosophically I find myself in agreement with virtually the whole of it: and not only in agreement with it, but in deeply moved agreement." in the context of "To Hayek, June 28, 1944, reprinted in John Maynard Keynes, Activities 1940–1946. Shaping the Post-War World: Employment and Commodities, ed. Donald Moggridge, vol. 27 (1980) of The Collected Writings of John Maynard Keynes" to mean that wisdom is timeless.

Source: Wikiquote: "John Maynard Keynes and Friedrich Hayek" (Quotes by John Maynard Keynes) The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app

About John Maynard Keynes and Friedrich Hayek

Quotes about John Maynard Keynes and Friedrich Hayek