John Maynard KeynesThe long run is a misleading guide to current affairs. In the long run we are all dead.
About This Quote
In the long run, we are all dead. In other words, our lives are limited and it is best not to get overly attached to any one thing. The great American baseball player Babe Ruth once said that if a person wasted his time worrying about the long run their life would become a failure. The same goes for us all.
There is a difference between a short-term outlook and a long-term outlook, and the difference lies in how we think about things. For instance, when you look at someone who has been successful in the long term they have been more concerned with the future than with the immediate present. They have thought about where they want to go and how they will get there.
In the short term, their focus is on what they need to do in order to get where they want to go. The problem with this shift of focus is that if you only care about getting where you want to go in the short term, then your work will always be flawed because you will never allow yourself enough time to get where you want to be.
Source: A Tract On Monetary Reform
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