What Was the Relevance of Keynes Reference to the Statement

question 50

Essay

What was the relevance of Keynes reference to the statement that in the long run we are all dead?

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Definitions:

Cultural

Pertaining to the ideas, customs, and social behaviors of a society or group of people.

Economic

Pertaining to the production, distribution, and consumption of goods and services, and the management of money and resources.

Milgram's Study

A psychological experiment conducted by Stanley Milgram in the 1960s to measure the willingness of participants to obey an authority figure who instructed them to perform acts conflicting with their personal conscience.

Being Shocked

The experience of sudden and intense surprise or dismay, often as a result of an unexpected event or discovery.