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Perhaps a day might come when there would be at last be enough to go round, and when posterity could enter into the enjoyment of our labors.
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
Might
Enjoyment
Come
Enter
Enough
Round
Would
Rounds
Labor
Perhaps
Lasts
Labors
Last
Posterity
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The key to selecting the winner isn't choosing the face you think is the most beautiful but rather the face other people will pick
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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 difficulty lies, not in the new ideas, but in escaping from the old ones.
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I think that Capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in sight, but that in itself is in many ways extremely objectionable.
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We will not have any more crashes in our time.
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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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It has been pointed out already that no knowledge of probabilities, less in degree than certainty, helps us to know what conclusions are true, and that there is no direct relation between the truth of a proposition and its probability. Probability begins and ends with probability.
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Like all his type, Newton was wholly aloof from women.
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Perhaps it is historically true that no order of society ever perishes save by its own hand.
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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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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.
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The businessman is only tolerable so long as his gains can be held to bear some relation to what, roughly and in some sense, his activities have contributed to society.
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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.
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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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In truth, the gold standard is already a barbarous relic.
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Ideas shape the course of history.
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I expect to see the State, which is in a position to calculate the marginal efficiency of capital-goods on long views and on the basis of the general social advantage, taking an ever greater responsibility for directly organizing investments.
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The importance of money flows from it being a link between the present and the future.
John Maynard Keynes
