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The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is generally understood. Indeed, the world is ruled by little else.
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
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Professor
Lord Keynes
Baron Keynes of Tilton
Littles
Understood
Economists
Ideas
Democracy
Ruled
Little
Economic
Economist
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Freedom
Generally
Else
Economics
Political
Indeed
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It would not be foolish to contemplate the possibility of a far greater progress still.
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The friends of gold will have to be extremely wise and moderate if they are to avoid a revolution.
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Ideas shape the course of history.
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In truth, the gold standard is already a barbarous relic.
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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.
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Nothing mattered except states of mind, chiefly our own.
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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.
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A study of the history of opinion is a necessary preliminary to the emancipation of the mind.
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When I find new information I change my mind What do you do?
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... a speculator is one who runs risks of which he is aware and an investor is one who runs risks of which he is unaware.
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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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Economists must leave to Adam Smith alone the glory of the Quarto, must pluck the day, fling pamphlets into the wind, write always sub specie temporis , and achieve immortality by accident, if at all.
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The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion.
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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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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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The duty of saving became nine-tenths of virtue and the growth of the cake the object of true religion.
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