John Maynard Keynes: “An Open Letter to President Roosevelt” (1933)

An Open Letter to President Roosevelt

By John Maynard Keynes (December 1933)

Dear Mr President,

You have made yourself the Trustee for those in every country who seek to mend

the evils of our condition by reasoned experiment within the framework of the

existing social system. If you fail, rational change will be gravely prejudiced

throughout the world, leaving orthodoxy and revolution to fight it out. But if you

succeed, new and bolder methods will be tried everywhere, and we may date the

first chapter of a new economic era from your accession to office. This is a

sufficient reason why I should venture to lay my reflections before you, though

under the disadvantages of distance and partial knowledge.

(...)

Read the entire letter here: 

https://www.academia.edu/127346912/An_Open_Letter_to_President_Roosevelt_1933_John_Maynard_Keynes