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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.

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
Land
May
Reason
Intrinsic
Scarcity
Whilst
Capital
Reasons

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The engine which drives enterprise is not thrift, but profit.
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Economists must leave to Adam Smith alone the glory of the Quarto, must pluck the day, fling pamphlets into the wind, write always sub specie temporis , and achieve immortality by accident, if at all.
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It would not be foolish to contemplate the possibility of a far greater progress still.
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There is no harm in being sometimes wrong - especially if one is promptly found out.
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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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What an extraordinary episode in the economic progress of man that age was which came to an end in August, 1914!
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I work for a Government I despise for ends I think criminal.
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When I find new information I change my mind What do you do?
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