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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
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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
Bank
Pounds
Investing
Mercy
Million
Thousand
Millions
Bankers
Manager
More quotes by 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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The principle objectives in life are love, the creation and enjoyment if aesthetic experience, the pursuit of knowledge. Love comes a long way first.
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I am myself impressed by the great social advantages of increasing the stock of capital until it ceases to be scarce.
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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.
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When my information changes, I alter my conclusions. What do you do, sir?
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Economics is a very dangerous science.
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In truth, the gold standard is already a barbarous relic.
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.
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When somebody persuades me I am wrong, I change my mind.
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I don't feel the least humble before the vastness of the heavens.
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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.
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Conservatism leads nowhere it satisfies no ideal.
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There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.
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Once doubt begins it spreads rapidly.
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Like all his type, Newton was wholly aloof from women.
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The destruction of the inducement to invest by an excessive liquidity-preference was the outstanding evil, the prime impediment to the growth of wealth, in the ancient and medieval worlds.
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I wish I'd drunk more champagne.
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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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The Class war will find me on the side of the educated bourgeoisie.
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Adam Smith and Malthus and Ricardo ! There is something about these three figures to evoke more than ordinary sentiments from us their children in the spirit.
John Maynard Keynes
