VICTORIAN ECONOMISTS AND THE ECONOMY. A famous quote from John Maynard Keynes is: “The long run is a misleading guide to current affairs. In the long run we are all dead.” In today’s Financial Times, there is a letter from Dermot Coleman that points out that in George Eliot’s FELIX HOLT, THE RADICAL, the hero says, “But I care for the people who live now and will not be living when the long-run comes.” Mr. Coleman is writing a PhD thesis on the interesting subject (certainly interesting to me) of economic bearings on George Eliot’s ethical and social thought.
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