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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
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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
Politics
Inconsistency
Fact
Interpreter
Jobs
Register
Facts
Politicians
Blame
Accompli
Politician
Interpreters
Fate
Blames
Masters
Obstinacy
More quotes by John Maynard Keynes
Investment based on genuine long-term expectations is so difficult today as to be scarcely practicable.
John Maynard Keynes
The businessman is only tolerable so long as his gains can be held to bear some relation to what, roughly and in some sense, his activities have contributed to society.
John Maynard Keynes
The markets are moved by animal spirits, and not by reason.
John Maynard Keynes
Newton was not the first of the age of reason, he was the last of the magicians.
John Maynard Keynes
When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall be able to rid ourselves of many of the pseudo-moral principles which have hag-ridden us for two hundred years, by which we have exulted some of the most distasteful of human qualities into the highest virtues.
John Maynard Keynes
The friends of gold will have to be extremely wise and moderate if they are to avoid a revolution.
John Maynard Keynes
The considerations upon which expectations of prospective yields are based are partly existing facts which we can assume to be known more or less for certain, and partly future events which can only be forecasted with more or less confidence.
John Maynard Keynes
For my own part, I believe that there is social and psychological justification for significant inequalities of incomes and wealth.
John Maynard Keynes
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 .
John Maynard Keynes
Too large a proportion of recent mathematical economics are mere concoctions, as imprecise as the initial assumptions they rest on, which allow the author to lose sight of the complexities and interdependencies of the real world in a maze of pretentious and unhelpful symbols.
John Maynard Keynes
Most men love money and security more, and creation and construction less, as they get older.
John Maynard Keynes
Like all his type, Newton was wholly aloof from women.
John Maynard Keynes
It is investment, i.e. the increased production of material wealth in the shape of capital goods, which alone increases national wealth.
John Maynard Keynes
I don't feel the least humble before the vastness of the heavens.
John Maynard Keynes
Experience shows that what happens is always the thing against which one has not made provision in advance.
John Maynard Keynes
Ideas shape the course of history.
John Maynard Keynes
If you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at your mercy.
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
But whilst there may be intrinsic reasons for the scarcity of land, there are no intrinsic reasons for the scarcity of capital.
John Maynard Keynes
Once doubt begins it spreads rapidly.
John Maynard Keynes
