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The engine which drives enterprise is not thrift, but profit.
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
Drives
Engines
Enterprise
Profit
Thrift
Engine
More quotes by John Maynard Keynes
What an extraordinary episode in the economic progress of man that age was which came to an end in August, 1914!
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The expected never happens it is the unexpected always.
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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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When the final result is expected to be a compromise, it is often prudent to start from an extreme position.
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All the political parties alike have their origins in past ideas and not in new ideas and none more conspicuously so than the Marxists .
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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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It is generally agreed that casinos should, in the public interest, be inaccessible and expensive. And perhaps the same is true of Stock Exchanges.
John Maynard Keynes
There is no harm in being sometimes wrong - especially if one is promptly found out.
John Maynard Keynes
The avoidance of taxes is the only intellectual pursuit that still carries any reward.
John Maynard Keynes
I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas.
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When somebody persuades me I am wrong, I change my mind.
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Gold is a relic from a time when government's were less trustworthy in these matters (currency debasement) than they are now.
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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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It has been pointed out already that no knowledge of probabilities, less in degree than certainty, helps us to know what conclusions are true, and that there is no direct relation between the truth of a proposition and its probability. Probability begins and ends with probability.
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Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all.
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The important thing for Government is not to do things which individuals are doing already, and to do them a little better or a little worse but to do those things which at present are not done at all.
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The boom, not the slump, is the right time for austerity at the Treasury.
John Maynard Keynes
The markets are moved by animal spirits, and not by reason.
John Maynard Keynes
Ideas, knowledge, art, hospitality, travel - these are things which should in their nature be international. But let goods be homespun whenever it is reasonably and conveniently possible and above all let finance be primarily national.
John Maynard Keynes
It would not be foolish to contemplate the possibility of a far greater progress still.
John Maynard Keynes
