The Real Keynesian Economics

Today I was considering that famous quote from John Maynard Keynes. He essentially complains that economists are always concerned with the long run effect of economic principles. Keynes then reminds us that "in the long run, we're all dead." Go look up the quote yourself; I don't trust my own memory very well.

This is the condition of fallen mankind. Without God, our long-term prospects are pretty grim. Despite our varied, insignificant, short-term success, in the long-run it all goes to zero. It turns out that for us the long-run is drastically significant.

Perhaps Keynes had been reading Ecclesiastes. If so, he would have been impressed with verse 11 in chapter 3. It says that there is something within man that longs for something eternal. And the proper interpretation of Eccl. 3:11 is found in 2 Cor 4:18. This is the eternal character of our Christian life:

"We do not regard the things which are seen but the things which are not seen; for the things which are seen are temporary, but the things which are not seen are eternal."

Selah.

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