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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.
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
Work
Devices
Men
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Ten
Labor
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Liberty
Enables
Economic
Machinery
Politics
Described
Government
Marvelous
More quotes by 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.
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The numeric system was invented to help man to put order in the chaos of the world.
John Maynard Keynes
Men will not always die quietly.
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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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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?
John Maynard Keynes
The expected never happens it is the unexpected always.
John Maynard Keynes
Americans are apt to be unduly interested in discovering what average opinion believes average opinion to be.
John Maynard Keynes
The difficulty lies, not in the new ideas, but in escaping from the old ones.
John Maynard Keynes
When I find new information I change my mind What do you do?
John Maynard Keynes
It is astonishing what foolish things one can temporarily believe if one thinks too long alone, particularly in economics.
John Maynard Keynes
The treasury could fill old bottles with banknotes and bury them..and leave it to private enterprises on well-tried principles of laissez-faire to dig the notes up again.
John Maynard Keynes
If I am right in supposing it to be comparatively easy to make capital-goods so abundant that the marginal efficiency of capital is zero, this may be the most sensible way of gradually getting rid of many of the objectionable features of capitalism.
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
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.
John Maynard Keynes
The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.
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
Perhaps it is historically true that no order of society ever perishes save by its own hand.
John Maynard Keynes
I think that Capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in sight, but that in itself is in many ways extremely objectionable.
John Maynard Keynes
It would not be foolish to contemplate the possibility of a far greater progress still.
John Maynard Keynes
The avoidance of taxes is the only intellectual pursuit that still carries any reward.
John Maynard Keynes
