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Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.
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
Business
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Economics
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Capitalism
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Greatest
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Wickedest
Everyone
Astounding
More quotes by John Maynard Keynes
Most men love money and security more, and creation and construction less, as they get older.
John Maynard Keynes
The treasury could fill old bottles with banknotes and bury them..and leave it to private enterprises on well-tried principles of laissez-faire to dig the notes up again.
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When I find new information I change my mind What do you do?
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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.
John Maynard Keynes
The important thing for Government is not to do things which individuals are doing already, and to do them a little better or a little worse but to do those things which at present are not done at all.
John Maynard Keynes
Obstinacy can bring only a penalty and no reward.
John Maynard Keynes
The key to selecting the winner isn't choosing the face you think is the most beautiful but rather the face other people will pick
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It is investment, i.e. the increased production of material wealth in the shape of capital goods, which alone increases national wealth.
John Maynard Keynes
In truth, the gold standard is already a barbarous relic.
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The great events of history are often due to secular changes in the growth of population and other fundamental economic causes, which, escaping by their gradual character the notice of contemporary observers, are attributed to the follies of statesmen or the fanaticism of atheists .
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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.
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Experience shows that what happens is always the thing against which one has not made provision in advance.
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Adam Smith and Malthus and Ricardo ! There is something about these three figures to evoke more than ordinary sentiments from us their children in the spirit.
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When the final result is expected to be a compromise, it is often prudent to start from an extreme position.
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Pyramid-building, earthquakes, even wars may serve to increase wealth, if the education of our statesmen on the principles of the classical economics stands in the way of anything better.
John Maynard Keynes
The expected never happens it is the unexpected always.
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The study of economics does not seem to require any specialised gifts of an unusually high order.
John Maynard Keynes
Like all his type, Newton was wholly aloof from women.
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Successful investing is anticipating the anticipations of others.
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I don't feel the least humble before the vastness of the heavens.
John Maynard Keynes