The Devil’s Dictionary of Economics
Search For: (keynes)
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| Keynes, John Maynard |
“Pyramid building, earthquakes, even wars may serve to increase wealth…. If the treasury were to fill old bottles with banknotes, bury them at suitable depths in disused coal mines which are then filled up to the surface with town rubbish, and leave it to private enterprise… to dig the notes up again…, there need be no more unemployment and, with the help of the repercussions, the real income of the community, and its capital wealth also, would probably become a good deal greater than it actually is.” (For pure comedic effect, I can do no better than to quote the man himself.) See Waste.
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