Friday, December 09, 2022 10:46:49 AM
This is what John Maynard Keynes said about the Marshmallow Experiment. My translation/interpretation in brackets.
Note: Keynes was cremated. And to this day, economists world wide will roast marshmallows to honor the great supply-sider on his birthday.
“But this long run [Waiting an extra 15 minutes] is a misleading guide to current affairs. In the long run we are all dead [You might never get to enjoy that second marshmallow]. Economists [Weed smoking child psychologists from Palo Alto] set themselves too easy, too useless a task, if in tempestuous seasons they can only tell us, that when the storm is long past, the ocean is flat again. [We should all live forever, and then we can eat all the marshmallows in the world]” Keynes passed away in 1946 before eating his second marshmallow.
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