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Obstinacy can bring only a penalty and no reward.

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
Rewards
Bring
Obstinacy
Penalty
Penalties
Reward

More quotes by John Maynard Keynes

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Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to come, can only be taken as the result of animal spirits-a spontaneous urge to action rather than inaction, and not as the outcome of a weighted average of quantitative benefits multiplied by quantitative probabilities.
John Maynard Keynes
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I don't feel the least humble before the vastness of the heavens.
John Maynard Keynes
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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.
John Maynard Keynes
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The considerations upon which expectations of prospective yields are based are partly existing facts which we can assume to be known more or less for certain, and partly future events which can only be forecasted with more or less confidence.
John Maynard Keynes
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It is a mistake to think that one limits one’s risk by spreading too much between enterprises about which one knows little and has no reason for special confidence.
John Maynard Keynes
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The study of economics does not seem to require any specialised gifts of an unusually high order.
John Maynard Keynes
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The importance of money flows from it being a link between the present and the future.
John Maynard Keynes
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A study of the history of opinion is a necessary preliminary to the emancipation of the mind.
John Maynard Keynes
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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.
John Maynard Keynes
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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.
John Maynard Keynes
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The friends of gold will have to be extremely wise and moderate if they are to avoid a revolution.
John Maynard Keynes
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Americans are apt to be unduly interested in discovering what average opinion believes average opinion to be.
John Maynard Keynes
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I was suffering from my chronic delusion that one good share is safer than ten bad ones, and I am always forgetting that hardly anyone else shares this particular delusion.
John Maynard Keynes
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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.
John Maynard Keynes
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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
John Maynard Keynes
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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.
John Maynard Keynes
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Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.
John Maynard Keynes
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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.
John Maynard Keynes
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The engine which drives enterprise is not thrift, but profit.
John Maynard Keynes
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The immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably.
John Maynard Keynes