Quote

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

Change background

T
T
T

Change font

TAGS & TOPICS

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
Reasons
Land
May
Reason
Intrinsic
Scarcity
Whilst
Capital

More quotes by John Maynard Keynes

Image
When my information changes, I alter my conclusions. What do you do, sir?
John Maynard Keynes
Image
The love of money as a possession...will be recognised for what it is, a somewhat disgusting morbidity.
John Maynard Keynes
Image
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
Image
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
Image
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
Image
The importance of money flows from it being a link between the present and the future.
John Maynard Keynes
Image
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.
John Maynard Keynes
Image
By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
John Maynard Keynes
Image
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
Image
Conservatism leads nowhere it satisfies no ideal.
John Maynard Keynes
Image
Experience shows that what happens is always the thing against which one has not made provision in advance.
John Maynard Keynes
Image
I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas.
John Maynard Keynes
Image
The expected never happens it is the unexpected always.
John Maynard Keynes
Image
I don't feel the least humble before the vastness of the heavens.
John Maynard Keynes
Image
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.
John Maynard Keynes
Image
A study of the history of opinion is a necessary preliminary to the emancipation of the mind.
John Maynard Keynes
Image
In truth, the gold standard is already a barbarous relic.
John Maynard Keynes
Image
We will not have any more crashes in our time.
John Maynard Keynes
Image
The forces of the nineteenth century have run their course and are exhausted.
John Maynard Keynes
Image
I work for a Government I despise for ends I think criminal.
John Maynard Keynes