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It would not be foolish to contemplate the possibility of a far greater progress still.
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
Possibility
Progress
Greater
Stills
Still
Would
Contemplate
Contemplating
Foolish
More quotes by John Maynard Keynes
When I find new information I change my mind What do you do?
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Economists must leave to Adam Smith alone the glory of the Quarto, must pluck the day, fling pamphlets into the wind, write always sub specie temporis , and achieve immortality by accident, if at all.
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The duty of saving became nine-tenths of virtue and the growth of the cake the object of true religion.
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Chess is a cure for headaches.
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The study of economics does not seem to require any specialised gifts of an unusually high order.
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What an extraordinary episode in the economic progress of man that age was which came to an end in August, 1914!
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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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It is better to be roughly right than precisely wrong.
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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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When somebody persuades me I am wrong, I change my mind.
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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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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.
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The friends of gold will have to be extremely wise and moderate if they are to avoid a revolution.
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[T]he theory of output as a whole, which is what the following book purports to provide, is much more easily adapted to the conditions of a totalitarian state, than is the theory of production and distribution of a given output produced under the conditions of free competition and a large measure of laissez-faire.
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The boom, not the slump, is the right time for austerity at the Treasury.
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Like all his type, Newton was wholly aloof from women.
John Maynard Keynes
When my information changes, I alter my conclusions. What do you do, sir?
John Maynard Keynes
Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to come, can only be taken as the result of animal spirits-a spontaneous urge to action rather than inaction, and not as the outcome of a weighted average of quantitative benefits multiplied by quantitative probabilities.
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Nothing mattered except states of mind, chiefly our own.
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I can't remember my telephone number, but I know it was in the high numbers.
John Maynard Keynes