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In truth, the gold standard is already a barbarous relic.
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
Gold
Already
Truth
Relic
Barbarous
Relics
Standard
Standards
More quotes by John Maynard Keynes
They offer me neither food nor drink - intellectual nor spiritual consolation... [Conservatism] leads nowhere it satisfies no ideal it conforms to no intellectual standard, it is not safe, or calculated to preserve from the spoilers that degree of civilization which we have already attained.
John Maynard Keynes
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
Most men love money and security more, and creation and construction less, as they get older.
John Maynard Keynes
The right remedy for the trade cycle is not to be found in abolishing booms and thus keeping us permanently in a semi-slump but in abolishing slumps and thus keeping us permanently in a quasi-boom.
John Maynard Keynes
The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion.
John Maynard Keynes
It is better to be roughly right than precisely wrong.
John Maynard Keynes
If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.
John Maynard Keynes
Conservatism leads nowhere it satisfies no ideal.
John Maynard Keynes
If we consistently act on the optimistic hypothesis, this hypothesis will tend to be realised whilst by acting on the pessimistic hypothesis we can keep ourselves for ever in the pit of want.
John Maynard Keynes
Once doubt begins it spreads rapidly.
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
The importance of money flows from it being a link between the present and the future.
John Maynard Keynes
The love of money as a possession...will be recognised for what it is, a somewhat disgusting morbidity.
John Maynard Keynes
When the final result is expected to be a compromise, it is often prudent to start from an extreme position.
John Maynard Keynes
When somebody persuades me I am wrong, I change my mind.
John Maynard Keynes
I don't feel the least humble before the vastness of the heavens.
John Maynard Keynes
A study of the history of opinion is a necessary preliminary to the emancipation of the mind.
John Maynard Keynes
By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
John Maynard Keynes
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
Education: the inculcation of the incomprehensible into the indifferent by the incompetent.
John Maynard Keynes
