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Conservatism leads nowhere it satisfies no ideal.

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
Wise
Satisfies
Conservatism
Nowhere
Ideal
Leads
Ideals

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Most men love money and security more, and creation and construction less, as they get older.
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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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The division of the spoils between the victors will also provide employment for a powerful office, whose doorsteps the greedy adventurers and jealous concession hunters of twenty or thirty nations will crowd and defile.
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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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I believe myself to be writing a book on economic theory which will largely revolutionize - not, I suppose, at once but in the course of the next ten years - the way the world thinks about economic problems.
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Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all.
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It is investment, i.e. the increased production of material wealth in the shape of capital goods, which alone increases national wealth.
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Economics is a very dangerous science.
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I work for a Government I despise for ends I think criminal.
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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 expected never happens it is the unexpected always.
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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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When the final result is expected to be a compromise, it is often prudent to start from an extreme position.
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When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall be able to rid ourselves of many of the pseudo-moral principles which have hag-ridden us for two hundred years, by which we have exulted some of the most distasteful of human qualities into the highest virtues.
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Like all his type, Newton was wholly aloof from women.
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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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The importance of money flows from it being a link between the present and the future.
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If human nature felt no temptation to take a chance there might not be much investment merely as a result of cold calculation.
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Professional investment may be likened to those newspaper competitions in which the competitors have to pick out the six prettiest faces from a hundred photographs, the prize being awarded to the competitor whose choice most nearly corresponds to the average preferences of the competitors as a whole.
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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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