He had one illusion - France; and one disillusion - mankind, including Frenchmen.
Interpretation
The quote reflects a contrast between idealism and realism regarding one's view of a nation and its people.
John Maynard Keynes uses this quote to illustrate the duality of human perception. He points out that while one can hold an idealized view of a place, such as France, there can simultaneously exist a disillusionment with humanity as a whole, including the very people admired. It evokes the tension between romanticized beliefs about a culture and the stark realities of human nature.
In practice
This quote can be used in a discussion about national pride and the realities of society during a cultural event.
As time goes on, I get more and more convinced that the right method of investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes.
The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is generally understood. Indeed, the world is ruled by little else.
The disruptive powers of excessive national fecundity may have played a greater part in bursting the bonds of convention than either the power of ideas or the errors of autocracy.
We will not have any more crashes in our time.
This long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again.
The book, as it stands, seems to me to be one of the most frightful muddles I have ever read, with scarcely a sound proposition in it beginning with page 45 [Hayek provided historical background up to page 45; after that came his theoretical model], and yet it remains a book of some interest, which is likely to leave its mark on the mind of the reader. It is an extraordinary example of how, starting with a mistake, a remorseless logician can end up in bedlam.
Too many think lightly of sin, and therefore think lightly of the Savior. He who has stood before his God, convicted and condemned, with the rope about his neck, is the man to weep for joy when he is pardoned, to hate the evil which has been forgiven him, and to live to the honor of the Redeemer by whose blood he has been cleansed.
Faith is being loyal to you unseen reality within
An 'unemployed' existence is a worse negation of life than death itself.
Violence is immoral because it thrives on hatred rather than love. It destroys community and makes brotherhood impossible. It leaves society in monologue rather than dialogue. Violence ends by defeating itself. It creates bitterness in the survivors and brutality in the destroyers.
Beauty is terror. Whatever we call beautiful, we quiver before it.
World Government is not only possible, it is inevitable; and when it comes, it will appeal to patriotism in its truest sense,in its only sense, the patriotism of humans who love their national heritages so deeply that they wish to preserve them in safety for the common good.
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