In the Long Run We're All Dead: The Lives and Deaths of Great Economists Cover
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In the Long Run We're All Dead The Lives and Deaths of Great Economists

Björn Frank

A fascinating and entertaining account of the lives of the most important economists of the past. Until the late nineteenth century, economics couldn’t be studied at the university level; the field was the domain of well-educated figures whose radical curiosity drew them to a discipline that was li...

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Today, Explained

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Today, Explained

The book's title, which is derived from a famous quote by John Maynard Keynes, was invoked during an episode discussing the fragility of the AI market bubble. Guest Paul Kedrosky used the phrase, "in the long run, we're also all dead," to counter the argument that waiting for market recovery is a practical solution for those facing immediate economic damage.

Episode: The AI bubble

This quote, attributed to John Maynard Keynes, was used to counter the argument that markets eventually recover after a bubble bursts, suggesting that waiting for the long run is not a practical solution for those affected by the immediate damage.

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And as the famous line in economics goes, in the long run, it may work out. But in the long run, we're also all dead.

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