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Pyramid-building, earthquakes, even wars may serve to increase wealth, if the education of our statesmen on the principles of the classical economics stands in the way of anything better.
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
May
Serve
Pyramid
Better
Increase
Pyramids
Even
Building
Earthquakes
Way
Wealth
Statesmen
Principles
Classical
Education
Wars
War
Stands
Anything
Economics
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The importance of money flows from it being a link between the present and the future.
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Americans are apt to be unduly interested in discovering what average opinion believes average opinion to be.
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When my information changes, I alter my conclusions. What do you do, sir?
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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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Education: the inculcation of the incomprehensible into the indifferent by the incompetent.
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Conservatism leads nowhere it satisfies no ideal.
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If you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at your mercy.
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I can't remember my telephone number, but I know it was in the high numbers.
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The principle objectives in life are love, the creation and enjoyment if aesthetic experience, the pursuit of knowledge. Love comes a long way first.
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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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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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Ideas shape the course of history.
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The great events of history are often due to secular changes in the growth of population and other fundamental economic causes, which, escaping by their gradual character the notice of contemporary observers, are attributed to the follies of statesmen or the fanaticism of atheists .
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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 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.
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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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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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