“Human decisions affecting the future, whether personal or political or economic, cannot depend on strict mathematical expectation, since the basis for making such calculations does not exist.”

by AK on December 1, 2009

in Quotes

-John Maynard Keynes, The General Theory of Employment, Interest, and Money. New York: First Harbinger Edition, 1964. pp. 162-63.

Emphasis on the word strict.

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