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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
Labor
Perhaps
Lasts
Labors
Last
Posterity
Might
Enjoyment
Come
Enter
Enough
Round
Would
Rounds
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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 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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Obstinacy can bring only a penalty and no reward.
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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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It is Enterprise which build and improves the world's possessions...If Enterprise is afoot, Wealth accumulates whatever may be happening to Thrift and if Enterprise is asleep, Wealth decays, whatever Thrift may be doing.
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I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas.
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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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But whilst there may be intrinsic reasons for the scarcity of land, there are no intrinsic reasons for the scarcity of capital.
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A study of the history of opinion is a necessary preliminary to the emancipation of the mind.
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The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is generally understood. Indeed, the world is ruled by little else.
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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.
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The markets are moved by animal spirits, and not by reason.
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I work for a Government I despise for ends I think criminal.
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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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In truth, the gold standard is already a barbarous relic.
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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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