John Maynard Keynes quote: The right remedy for the trade cycle is not to...

The right remedy for the trade cycle is not to be found in abolishing booms and thus keeping us permanently in a semi-slump; but in abolishing slumps and thus keeping us permanently in a quasi-boom.

John Maynard Keynes

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Thorstein Veblen, Richard Henry Tawney, John Maynard Keynes (1990). “Thorstein Veblen, R.H. Tawney, John Maynard Keynes”

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The right remedy for the trade cycle is not to be found in abolishing booms and thus keeping us permanently in a semi-slump; but in abolishing slumps and thus keeping us permanently in a quasi-boom. - John Maynard Keynes

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