Long run is a misleading guide to current affairs. In the long run we are all dead.
Meaning of the quote
This quote means that thinking too much about the distant future can distract us from dealing with what's happening right now. Keynes is saying that in the end, we'll all die, so we shouldn't get too caught up in long-term plans and instead focus on the present. The long run isn't a reliable guide for making decisions in the short term.
About John Maynard Keynes
John Maynard Keynes was an influential 20th-century English economist and philosopher whose ideas revolutionized macroeconomics and government economic policies. He challenged the prevailing economic theories of his time and advocated for the use of fiscal and monetary policies to stabilize the economy during recessions and depressions.
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