Two pyramids, two masses for the dead, are twice as good as one; but not so two railways from London to York

Two pyramids, two masses for the dead, are twice as good as one; but not so two railways from London to York

The quote "Two pyramids, two masses for the dead, are twice as good as one; but not so two railways from London to York" is often attributed to the renowned economist John Maynard Keynes. This quote encapsulates Keynes' belief in the importance of government intervention in the economy, particularly during times of economic downturn.

Keynes is best known for his revolutionary ideas on macroeconomics, which came to be known as Keynesian economics. He argued that during times of economic recession, the government should increase its spending to stimulate demand and boost the economy. This was in direct contrast to the prevailing economic theory of the time, which advocated for a laissez-faire approach and believed that the economy would naturally correct itself.

In the context of the quote, Keynes is highlighting the importance of strategic investment in infrastructure and public works projects. He argues that building two pyramids or holding two masses for the dead may have a symbolic or cultural significance, but they do not have a tangible economic impact. On the other hand, building two railways from London to York would not only create jobs and stimulate economic activity, but also improve transportation and connectivity between two major cities.

Keynes believed that government spending on infrastructure projects could have a multiplier effect on the economy, as the money spent would circulate through the economy and create additional economic activity. This is why he advocated for increased government spending during times of economic downturn, as a way to kickstart economic growth and reduce unemployment.