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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.

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
National
Excessive
Either
Bonds
Greater
Convention
Part
Conventions
Power
Ties
Fecundity
May
Powers
Autocracy
Ideas
Errors
Disruptive
Played
Bursting

More quotes by John Maynard Keynes

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[T]he theory of output as a whole, which is what the following book purports to provide, is much more easily adapted to the conditions of a totalitarian state, than is the theory of production and distribution of a given output produced under the conditions of free competition and a large measure of laissez-faire.
John Maynard Keynes
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I can't remember my telephone number, but I know it was in the high numbers.
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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.
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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 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 expected never happens it is the unexpected always.
John Maynard Keynes
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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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I wish I'd drunk more champagne.
John Maynard Keynes
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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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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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Everything is always decided for reasons other than the real merits of the case
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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
John Maynard Keynes
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Successful investing is anticipating the anticipations of others.
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There is no harm in being sometimes wrong - especially if one is promptly found out.
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We will not have any more crashes in our time.
John Maynard Keynes
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It is a mistake to think that one limits one’s risk by spreading too much between enterprises about which one knows little and has no reason for special confidence.
John Maynard Keynes
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By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
John Maynard Keynes
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Conservatism leads nowhere it satisfies no ideal.
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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
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I don't feel the least humble before the vastness of the heavens.
John Maynard Keynes