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The difficulty lies, not in the new ideas, but in escaping from the old ones.
John Maynard Keynes
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John Maynard Keynes
Age: 62 †
Born: 1883
Born: June 5
Died: 1946
Died: April 21
Businessperson
Diplomat
Economist
Mathematician
Non-Fiction Writer
Philosopher
Politician
Professor
Lord Keynes
Baron Keynes of Tilton
Lying
Escaping
Inspirational
Developing
Change
Innovation
Ideas
Difficulty
Lies
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Ones
Creative
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If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.
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For my own part, I believe that there is social and psychological justification for significant inequalities of incomes and wealth.
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The expected never happens it is the unexpected always.
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The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion.
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Conservatism leads nowhere it satisfies no ideal.
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All the political parties alike have their origins in past ideas and not in new ideas and none more conspicuously so than the Marxists .
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If we consistently act on the optimistic hypothesis, this hypothesis will tend to be realised whilst by acting on the pessimistic hypothesis we can keep ourselves for ever in the pit of want.
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Perhaps it is historically true that no order of society ever perishes save by its own hand.
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When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall be able to rid ourselves of many of the pseudo-moral principles which have hag-ridden us for two hundred years, by which we have exulted some of the most distasteful of human qualities into the highest virtues.
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I work for a Government I despise for ends I think criminal.
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It is better to be roughly right than precisely wrong.
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The central principle of investment is to go contrary to the general opinion, on the grounds that if everyone agreed about its merits, the investment is inevitably too dear and therefore unattractive.
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I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas.
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Everything is always decided for reasons other than the real merits of the case
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The friends of gold will have to be extremely wise and moderate if they are to avoid a revolution.
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I was suffering from my chronic delusion that one good share is safer than ten bad ones, and I am always forgetting that hardly anyone else shares this particular delusion.
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The importance of money flows from it being a link between the present and the future.
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Chess is a cure for headaches.
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