John Maynard Keynes – “The Grand Experiment Has Begun.” (BBC Clip From the Early Days of World War II)

This brief clip is breathtaking. In it, the “master” explains that the long stretch of unemployment witnessed in the Depression may be ending and that even the employed may soon have fatter paychecks. “The grand experiment has begun.” Keynes says.

The “grand experiment” to which he is referring is a war which would soon engulf the world.

But, no biggie. Hey, everyone will have jobs! Or be dead. Jobs or dead, either way we solve the unemployment problem, am I right?

(Thanks to for bringing this clip to light.)