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Most men love money and security more, and creation and construction less, as they get older.
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
Men
Construction
Love
Confusion
Economics
Older
Creation
Security
Less
Money
Materialism
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If human nature felt no temptation to take a chance there might not be much investment merely as a result of cold calculation.
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How long will it be necessary to pay City men so entirely out of proportion to what other servants of society commonly receive for performing social services not less useful or difficult?
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When somebody persuades me I am wrong, I change my mind.
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What an extraordinary episode in the economic progress of man that age was which came to an end in August, 1914!
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The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.
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We will not have any more crashes in our time.
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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.
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The importance of money flows from it being a link between the present and the future.
John Maynard Keynes
The right remedy for the trade cycle is not to be found in abolishing booms and thus keeping us permanently in a semi-slump but in abolishing slumps and thus keeping us permanently in a quasi-boom.
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It is better to be roughly right than precisely wrong.
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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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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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Gold is a relic from a time when government's were less trustworthy in these matters (currency debasement) than they are now.
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There is no harm in being sometimes wrong - especially if one is promptly found out.
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The Class war will find me on the side of the educated bourgeoisie.
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Words ought to be a little wild, for they are the assault of thoughts on the unthinking.
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Those, who are strongly wedded to what I shall call 'the classical theory', will fluctuate, I expect, between a belief that I am quite wrong and a belief that I am saying nothing new. It is for others to determine if either of these or the third alternative is right.
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The markets are moved by animal spirits, and not by reason.
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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.
John Maynard Keynes
If farming were to be organised like the stock market, a farmer would sell his farm in the morning when it was raining, only to buy it back in the afternoon when the sun came out.
John Maynard Keynes
