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Newton was not the first of the age of reason, he was the last of the magicians.

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
Firsts
Magician
First
Mystery
Age
Lasts
Last
Universe
Science
Magicians
Reason
Newton

More quotes by John Maynard Keynes

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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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The difficulty lies, not in the new ideas, but in escaping from the old ones.
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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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Most men love money and security more, and creation and construction less, as they get older.
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Words ought to be a little wild, for they are the assault of thoughts on the unthinking.
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If I am right in supposing it to be comparatively easy to make capital-goods so abundant that the marginal efficiency of capital is zero, this may be the most sensible way of gradually getting rid of many of the objectionable features of capitalism.
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Obstinacy can bring only a penalty and no reward.
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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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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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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 considerations upon which expectations of prospective yields are based are partly existing facts which we can assume to be known more or less for certain, and partly future events which can only be forecasted with more or less confidence.
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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.
John Maynard Keynes
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All the political parties alike have their origins in past ideas and not in new ideas and none more conspicuously so than the Marxists .
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Should government refrain from regulation (taxation), the worthlessness of the money becomes apparent and the fraud can no longer be concealed.
John Maynard Keynes
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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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The love of money as a possession...will be recognised for what it is, a somewhat disgusting morbidity.
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Investment based on genuine long-term expectations is so difficult today as to be scarcely practicable.
John Maynard Keynes
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The markets are moved by animal spirits, and not by reason.
John Maynard Keynes
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The Class war will find me on the side of the educated bourgeoisie.
John Maynard Keynes
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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