Quote

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

Change background

T
T
T

Change font

TAGS & TOPICS

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
Made
Capitalism
Objectionable
Way
Sight
Attaining
Think
System
Wisely
Thinking
Probably
Managed
Ways
Alternative
Economic
Efficient
Ends
Alternatives
Many
Extremely

More quotes by John Maynard Keynes

Image
The markets are moved by animal spirits, and not by reason.
John Maynard Keynes
Image
We will not have any more crashes in our time.
John Maynard Keynes
Image
But my lord, when we addressed this issue a few years ago, didn't you argue the other side? He said, That's true, but when I get more evidence I sometimes change my mind. What do you do?
John Maynard Keynes
Image
Conservatism leads nowhere it satisfies no ideal.
John Maynard Keynes
Image
It is ideas, not vested interests, which are dangerous for good or evil.
John Maynard Keynes
Image
Gold is a relic from a time when government's were less trustworthy in these matters (currency debasement) than they are now.
John Maynard Keynes
Image
It would not be foolish to contemplate the possibility of a far greater progress still.
John Maynard Keynes
Image
Nothing mattered except states of mind, chiefly our own.
John Maynard Keynes
Image
There is no harm in being sometimes wrong - especially if one is promptly found out.
John Maynard Keynes
Image
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
Image
It is the long-term investor...who will in practice come in for the most criticism... For it is the essence of his behavior that he should be eccentric, unconventional, and rash in the eyes of average opinion
John Maynard Keynes
Image
Americans are apt to be unduly interested in discovering what average opinion believes average opinion to be.
John Maynard Keynes
Image
The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.
John Maynard Keynes
Image
Those, who are strongly wedded to what I shall call 'the classical theory', will fluctuate, I expect, between a belief that I am quite wrong and a belief that I am saying nothing new. It is for others to determine if either of these or the third alternative is right.
John Maynard Keynes
Image
The boom, not the slump, is the right time for austerity at the Treasury.
John Maynard Keynes
Image
The engine which drives enterprise is not thrift, but profit.
John Maynard Keynes
Image
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
Image
It is Enterprise which build and improves the world's possessions...If Enterprise is afoot, Wealth accumulates whatever may be happening to Thrift and if Enterprise is asleep, Wealth decays, whatever Thrift may be doing.
John Maynard Keynes
Image
The importance of money flows from it being a link between the present and the future.
John Maynard Keynes
Image
Newton was not the first of the age of reason, he was the last of the magicians.
John Maynard Keynes