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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
Problem
Mankind
Things
Liberty
Economic
Justice
Individual
Social
Combine
Three
Efficiency
Political
Economics
More quotes by John Maynard Keynes
The division of the spoils between the victors will also provide employment for a powerful office, whose doorsteps the greedy adventurers and jealous concession hunters of twenty or thirty nations will crowd and defile.
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I work for a Government I despise for ends I think criminal.
John Maynard Keynes
What an extraordinary episode in the economic progress of man that age was which came to an end in August, 1914!
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.
John Maynard Keynes
The love of money as a possession...will be recognised for what it is, a somewhat disgusting morbidity.
John Maynard Keynes
There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.
John Maynard Keynes
I don't feel the least humble before the vastness of the heavens.
John Maynard Keynes
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.
John Maynard Keynes
Perhaps it is historically true that no order of society ever perishes save by its own hand.
John Maynard Keynes
The boom, not the slump, is the right time for austerity at the Treasury.
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
It is generally agreed that casinos should, in the public interest, be inaccessible and expensive. And perhaps the same is true of Stock Exchanges.
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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
Once doubt begins it spreads rapidly.
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
Everything is always decided for reasons other than the real merits of the case
John Maynard Keynes
When somebody persuades me I am wrong, I change my mind.
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
Words ought to be a little wild, for they are the assault of thoughts on the unthinking.
John Maynard Keynes
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
