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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!

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
Came
Age
History
Episode
Ends
August
Men
Episodes
Extraordinary
Progress
Economic

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Government machinery has been described as a marvelous labor saving device which enables ten men to do the work of one.
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If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.
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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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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.
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Ideas shape the course of history.
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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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It is impossible that the intention of the entrepreneur who has borrowed in order to increase investment can become effective (except in substitution for investment by other entrepreneurs which would have occurred otherwise) at a faster rate than the public decide to increase their savings
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...By combining a popular hatred of the class of entrepreneurs with the blow already given to social security by the violent and arbitrary disturbance of contract,... governments are fast rendering impossible a continuance of the social and economic order of the nineteenth century.
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The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is generally understood. Indeed, the world is ruled by little else.
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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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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.
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Everything is always decided for reasons other than the real merits of the case
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When I find new information I change my mind What do you do?
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We will not have any more crashes in our time.
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It is astonishing what foolish things one can temporarily believe if one thinks too long alone, particularly in economics.
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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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Galton's eccentric, sceptical, observing, flashing, cavalry-leader type of mind led him eventually to become the founder of the most important, significant and, I would add, genuine branch of sociology which exists, namely eugenics.
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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.
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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.
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Newton was not the first of the age of reason, he was the last of the magicians.
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