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I've always been very interested in reading quotes from famous people (which are probably what made them famous in the 1st place). It enriches the way one looks at things happening around the world currently, even though those comments might have been made at least a 1000 years ago. I've decided to share those comments that I find interesting here by posting quotes from those people & also explain a bit of their backgrounds and what they are famous for in their respective fields.

Today I'll start with the legendary economist John Maynard Keynes. He is probably the most famous economist in the world since all the economics theory being used currently are derived from his work in the 1930s. Some of his works include the Keynesian models for inflation, which are used widely among those Keynesian economists. His ideas courted a lot of controversies during his time & a new breed of economists that opposed his theories emerged. To sum it up, in the economics world, you are either a Keynesian economist or not, which pretty much sums up the importance of his contribution to the economics world.

Quotes:
If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.
John Maynard Keynes

In the long run, we're all dead.
John Maynard Keynes
Explanation: Economics theory are always made for 2 periods: short and long run. Keynes only based his models on the short run period because he thought the long run results wouldn't affect any of the people living in the current period.

Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens...Lenin was certainly right.
John Maynard Keynes