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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
Bring
Obstinacy
Penalty
Penalties
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Rewards
More quotes by John Maynard Keynes
When somebody persuades me I am wrong, I change my mind.
John Maynard Keynes
One blames politicians, not for inconsistency but for obstinacy. They are the interpreters, not the masters, of our fate. It is their job, in fact, to register the fact accompli.
John Maynard Keynes
Nothing mattered except states of mind, chiefly our own.
John Maynard Keynes
I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas.
John Maynard Keynes
Adam Smith and Malthus and Ricardo ! There is something about these three figures to evoke more than ordinary sentiments from us their children in the spirit.
John Maynard Keynes
It is investment, i.e. the increased production of material wealth in the shape of capital goods, which alone increases national wealth.
John Maynard Keynes
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
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.
John Maynard Keynes
When my information changes, I alter my conclusions. What do you do, sir?
John Maynard Keynes
The engine which drives enterprise is not thrift, but profit.
John Maynard Keynes
It is astonishing what foolish things one can temporarily believe if one thinks too long alone, particularly in economics.
John Maynard Keynes
The expected never happens it is the unexpected always.
John Maynard Keynes
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.
John Maynard Keynes
The markets are moved by animal spirits, and not by reason.
John Maynard Keynes
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.
John Maynard Keynes
It would not be foolish to contemplate the possibility of a far greater progress still.
John Maynard Keynes
It is generally agreed that casinos should, in the public interest, be inaccessible and expensive. And perhaps the same is true of Stock Exchanges.
John Maynard Keynes
This long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again.
John Maynard Keynes
Economics is a very dangerous science.
John Maynard Keynes
When I find new information I change my mind What do you do?
John Maynard Keynes
