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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
Principles
Classical
Education
Wars
War
Stands
Anything
Economics
May
Serve
Pyramid
Better
Increase
Pyramids
Even
Building
Earthquakes
Way
Wealth
Statesmen

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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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In truth, the gold standard is already a barbarous relic.
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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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I wish I'd drunk more champagne.
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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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The Class war will find me on the side of the educated bourgeoisie.
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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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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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...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 boom, not the slump, is the right time for austerity at the Treasury.
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How can I adopt a creed which, preferring the mud to the fish, exalts the boorish proletariat above the bourgeois and the intelligentsia who, with whatever faults, are the quality in life and surely carry the seeds of all human advancement?
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Morally and philosophically I find myself in agreement with virtually the whole of it: and not only in agreement with it, but in deeply moved agreement.
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The avoidance of taxes is the only intellectual pursuit that still carries any reward.
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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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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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Successful investing is anticipating the anticipations of others.
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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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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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