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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?

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
Society
Performing
Less
Entirely
Difficult
Receive
Social
Useful
Servants
Long
Necessary
Commonly
Men
City
Services
Pay
Servant
Cities
Proportion

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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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When somebody persuades me I am wrong, I change my mind.
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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.
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One blames politicians, not for inconsistency but for obstinacy. They are the interpreters, not the masters, of our fate. It is their job, in fact, to register the fact accompli.
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The immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably.
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It is better to be roughly right than precisely wrong.
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The principle objectives in life are love, the creation and enjoyment if aesthetic experience, the pursuit of knowledge. Love comes a long way first.
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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
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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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The boom, not the slump, is the right time for austerity at the Treasury.
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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 political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.
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But whilst there may be intrinsic reasons for the scarcity of land, there are no intrinsic reasons for the scarcity of capital.
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