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The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.
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
Economic
Justice
Individual
Social
Combine
Three
Efficiency
Political
Economics
Problem
Mankind
Things
Liberty
More quotes by John Maynard Keynes
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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When the final result is expected to be a compromise, it is often prudent to start from an extreme position.
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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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How can I adopt a creed which, preferring the mud to the fish, exalts the boorish proletariat above the bourgeois and the intelligentsia who, with whatever faults, are the quality in life and surely carry the seeds of all human advancement?
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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.
John Maynard Keynes
The engine which drives enterprise is not thrift, but profit.
John Maynard Keynes
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.
John Maynard Keynes
I wish I'd drunk more champagne.
John Maynard Keynes
Nothing mattered except states of mind, chiefly our own.
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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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It is ideas, not vested interests, which are dangerous for good or evil.
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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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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.
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The importance of money flows from it being a link between the present and the future.
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It is Enterprise which build and improves the world's possessions...If Enterprise is afoot, Wealth accumulates whatever may be happening to Thrift and if Enterprise is asleep, Wealth decays, whatever Thrift may be doing.
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Successful investing is anticipating the anticipations of others.
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The numeric system was invented to help man to put order in the chaos of the world.
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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Perhaps a day might come when there would be at last be enough to go round, and when posterity could enter into the enjoyment of our labors.
John Maynard Keynes
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