"I see this as analogous to how the "Bolshevik communists" were claiming to provide something much better than the "bourgeois democracy"...But in the end the "dictatorship of the proletariat" seemed to become rather exposed" John F Nash Jr., 2003 buff.ly/2OEahlI

"The Keynesians implicitly always have the argument...it is not needed or appropriate for the citizenry or the "customers" of the currency supplied by the state to actually understand, while the managers are managing, what exactly they are doing..." buff.ly/3T1rxDA

responsible officials are effectively CONFESSING that, notwithstanding how they formerly were speaking about the difficulties and problems of their functions, that it is indeed after all possible to control inflation by controlling the supply of money buff.ly/2SHyWrE

"The historical fact seems to be that the "gold standard" was, in its time, a basis that favored the prosperity of the U.K. and of other states like the USA and Switzerland that adopted the concept of the standard." John F Nash Jr., Ideal Money, 2002 buff.ly/3S1UE9j

"…a "Keynesian" would favor the existence of a "manipulative" state establishment of central bank and treasury...with comparatively little regard for the long term reputation of the national currency…" John F Nash Jr., Ideal Money, 2003 buff.ly/2SHyWrE

"...Keynesians have often argued inflation induces prosperity by reference to a concept called "the Phillips curve". But a counter argument can be made...that localized areas of comparative prosperity would also be areas of comparatively high prices." buff.ly/3dvX75m

"Also, diplomatically, I wanted to avoid getting into the direct criticism of "Keynesians", which is an area with political complexities and subtleties which complicate circumstances" John F Nash Jr., 2011 (notes on Ideal Money) buff.ly/3uDRYVr

"it is the purpose of this paper to give a theoretical discussion of this problem and to obtain a definite "solution" - making, of course, certain idealizations in order to do so." John Forbes Nash Jr., The Bargaining Problem, 1950 buff.ly/3Gwa5xN

"Then, if a sort of "central bank" or "currency board" or "treasury" were issuing a form of currency related to this normative index, that the proper duty... IN THE LONG TERM that the index of costs should be asymptotically constant..." John F Nash Jr. buff.ly/3PDs2Al

"These computations are found to be “heavy” so that our research could not have been done in the earlier days of game theory, like in the 50’s, because of the inadequacy of the computing resources then" Agencies for Modelling Coalition Games, 2008 buff.ly/3PH02vo

"It is also a technical need that certain axioms should be present that simply assert that the special functions are what they are supposed to be." John F Nash Jr., Hierarchical Introspective Logics, 1998 buff.ly/3bdSUn0

When the bargainers have a common medium of exchange the problem may take on an especially simple form. In many cases the money equivalent of a good will serve as a satisfactory approximate utility function. John F Nash Jr., The Bargaining Problem, 1950 buff.ly/3gdAlAE

“Thus "good money" will not naturally supplant and replace "bad money" by a simple Darwinian superiority of competitive species. Rather than that, it must be that the good things are established by the voluntary choice of human agencies." Ideal Money buff.ly/46Z0igN

If national politicians, e.g. Greece’s, fear that they will not have the funding necessary to support a decent system of social security, then they will resort to certain tricks by which to short-change pensioners. John F Nash Jr. (with Yanis Varoufakis) buff.ly/3dRZ4IL

"We published a paper entitled "Ideal Money"...Of course, on a topic with such a universal relevance to human affairs, it is difficult, really, to say something new. But there can be novelty in the details and in terms of the context and the times" 2010 buff.ly/3PDs2Al

"The words ‘club’ and ‘alliance’ do not have the same meaning. This is why in game theory we use a third word which also differs conceptually from the first two words: ‘coalition’." John F Nash Jr., 2000 buff.ly/3dRZ4IL

"So the quality of the medium or media of exchange that is/are used can be improved, if the improvement is really desired. Here we speak of quality in the sense of Gresham or like a bond rating agency." Ideal Money & Asymptotically Ideal Money, 2008 buff.ly/3rEErvF

"Experimental economics is the ultimate truth. Anyone can write down a theory and just say it is true." John F Nash Jr., (in conversation with Charles Holt), 2002 buff.ly/4di24Nu

"Caesar is minting gold and the empire's working well on the gold coins, another Caesar can come along and say I can put a little lead in the gold and pass them out at the same value" John F Nash Jr., Ideal Money and Bitcoin Honesty, 2014 buff.ly/3tKInfI

"It can also be remarked that "bad" money, or the inverse of "good" or "ideal" money, is basically a consequence of deficiencies on the part of governments of a sort relating to morals, virtue, or ethics" John F Nash Jr., Ideal Money, 2002 buff.ly/3S1UE9j