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When I find new information I change my mind What do you do?
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
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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.
John Maynard Keynes
Investing is an activity of forecasting the yield over the life of the asset speculation is the activity of forecasting the psychology of the market.
John Maynard Keynes
The importance of money flows from it being a link between the present and the future.
John Maynard Keynes
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.
John Maynard Keynes
The friends of gold will have to be extremely wise and moderate if they are to avoid a revolution.
John Maynard Keynes
The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.
John Maynard Keynes
When the final result is expected to be a compromise, it is often prudent to start from an extreme position.
John Maynard Keynes
Education: the inculcation of the incomprehensible into the indifferent by the incompetent.
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.
John Maynard Keynes
One blames politicians, not for inconsistency but for obstinacy. They are the interpreters, not the masters, of our fate. It is their job, in fact, to register the fact accompli.
John Maynard Keynes
The disruptive powers of excessive national fecundity may have played a greater part in bursting the bonds of convention than either the power of ideas or the errors of autocracy.
John Maynard Keynes
A study of the history of opinion is a necessary preliminary to the emancipation of the mind.
John Maynard Keynes
When my information changes, I alter my conclusions. What do you do, sir?
John Maynard Keynes
Perhaps it is historically true that no order of society ever perishes save by its own hand.
John Maynard Keynes
All the political parties alike have their origins in past ideas and not in new ideas and none more conspicuously so than the Marxists .
John Maynard Keynes
It is generally agreed that casinos should, in the public interest, be inaccessible and expensive. And perhaps the same is true of Stock Exchanges.
John Maynard Keynes
The duty of saving became nine-tenths of virtue and the growth of the cake the object of true religion.
John Maynard Keynes
The forces of the nineteenth century have run their course and are exhausted.
John Maynard Keynes
There is no harm in being sometimes wrong - especially if one is promptly found out.
John Maynard Keynes
If farming were to be organised like the stock market, a farmer would sell his farm in the morning when it was raining, only to buy it back in the afternoon when the sun came out.
John Maynard Keynes