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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
Economics
Older
Creation
Security
Less
Money
Materialism
Men
Construction
Love
Confusion
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I wish I'd drunk more champagne.
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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 importance of money flows from it being a link between the present and the future.
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There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.
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Ideas shape the course of history.
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Professional investment may be likened to those newspaper competitions in which the competitors have to pick out the six prettiest faces from a hundred photographs, the prize being awarded to the competitor whose choice most nearly corresponds to the average preferences of the competitors as a whole.
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Americans are apt to be unduly interested in discovering what average opinion believes average opinion to be.
John Maynard Keynes
I expect to see the State, which is in a position to calculate the marginal efficiency of capital-goods on long views and on the basis of the general social advantage, taking an ever greater responsibility for directly organizing investments.
John Maynard Keynes
...By combining a popular hatred of the class of entrepreneurs with the blow already given to social security by the violent and arbitrary disturbance of contract,... governments are fast rendering impossible a continuance of the social and economic order of the nineteenth century.
John Maynard Keynes
The expected never happens it is the unexpected always.
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The Economic Problem...the problem of want and poverty and the economic struggle between classes and nations, is nothing but a frightful muddle, a transitory and unnecessary muddle.
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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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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.
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It is the long-term investor...who will in practice come in for the most criticism... For it is the essence of his behavior that he should be eccentric, unconventional, and rash in the eyes of average opinion
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The numeric system was invented to help man to put order in the chaos of the world.
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In truth, the gold standard is already a barbarous relic.
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A study of the history of opinion is a necessary preliminary to the emancipation of the mind.
John Maynard Keynes
Government machinery has been described as a marvelous labor saving device which enables ten men to do the work of one.
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The duty of saving became nine-tenths of virtue and the growth of the cake the object of true religion.
John Maynard Keynes
Education: the inculcation of the incomprehensible into the indifferent by the incompetent.
John Maynard Keynes