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It is ideas, not vested interests, which are dangerous for good or evil.
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
Interests
Dangerous
Interest
Evil
Ideas
Good
Vested
More quotes by John Maynard Keynes
Words ought to be a little wild, for they are the assault of thoughts on the unthinking.
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For my own part, I believe that there is social and psychological justification for significant inequalities of incomes and wealth.
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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.
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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
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Perhaps a day might come when there would be at last be enough to go round, and when posterity could enter into the enjoyment of our labors.
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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
Experience shows that what happens is always the thing against which one has not made provision in advance.
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Economics is a very dangerous science.
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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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This long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again.
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How long will it be necessary to pay City men so entirely out of proportion to what other servants of society commonly receive for performing social services not less useful or difficult?
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Most men love money and security more, and creation and construction less, as they get older.
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.
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We will not have any more crashes in our time.
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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.
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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.
John Maynard Keynes
I don't feel the least humble before the vastness of the heavens.
John Maynard Keynes
I am myself impressed by the great social advantages of increasing the stock of capital until it ceases to be scarce.
John Maynard Keynes
Pyramid-building, earthquakes, even wars may serve to increase wealth, if the education of our statesmen on the principles of the classical economics stands in the way of anything better.
John Maynard Keynes
The difficulty lies, not in the new ideas, but in escaping from the old ones.
John Maynard Keynes