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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
Perhaps
Lasts
Labors
Last
Posterity
Might
Enjoyment
Come
Enter
Enough
Round
Would
Rounds
Labor

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If we consistently act on the optimistic hypothesis, this hypothesis will tend to be realised whilst by acting on the pessimistic hypothesis we can keep ourselves for ever in the pit of want.
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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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It is astonishing what foolish things one can temporarily believe if one thinks too long alone, particularly in economics.
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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 don't feel the least humble before the vastness of the heavens.
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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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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 boom, not the slump, is the right time for austerity at the Treasury.
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The important thing for Government is not to do things which individuals are doing already, and to do them a little better or a little worse but to do those things which at present are not done at all.
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When my information changes, I alter my conclusions. What do you do, sir?
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The expected never happens it is the unexpected always.
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I can't remember my telephone number, but I know it was in the high numbers.
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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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I wish I'd drunk more champagne.
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By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
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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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There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.
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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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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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Investment based on genuine long-term expectations is so difficult today as to be scarcely practicable.
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