In the long run, we are all dead by John Maynard Keynes

 John Maynard Keynes famously said, "In the long run, we are all dead." This statement referred to his belief that economists should focus on short-term solutions to economic problems, rather than relying solely on long-term projections and theories. He argued that economic policies should be immediate and pragmatic to address current issues and improve the standard of living for people, rather than waiting for distant solutions to take effect.Below is the explanation in full as how he came up with such famous quote " In the long run,we are all dead.

John Maynard Keynes, an influential British economist, argued that long-term economic forecasts and models could not necessarily predict economic outcomes. In addition, he believed that the long-term could not be the sole focus of economic policy-makers and that it was more important to focus on the short-term. 

Keynes argued that it was essential for governments to use pragmatic and immediate policy solutions to address current economic problems facing society. According to Keynes, waiting for long-term solutions to take effect would not benefit society. Instead, he believed that focusing on short-term solutions could help alleviate immediate economic hardships, improve the standard of living, and support long-term growth in the long run.

Furthermore, Keynes' statement that, "In the long run, we are all dead," highlights the importance of the present moment. He emphasized that individuals, policymakers, and economists should focus on immediate economic issues and work towards creating a better present rather than relying solely on long-term projections and theories. 

In conclusion, Keynes' famous quote highlights the importance of addressing immediate economic problems facing society and taking pragmatic policy actions to improve the standard of living for people.