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
Capital
Reasons
Land
May
Reason
Intrinsic
Scarcity
Whilst

More quotes by John Maynard Keynes

Image
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
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
For my own part, I believe that there is social and psychological justification for significant inequalities of incomes and wealth.
John Maynard Keynes
Image
Like all his type, Newton was wholly aloof from women.
John Maynard Keynes
Image
Those, who are strongly wedded to what I shall call 'the classical theory', will fluctuate, I expect, between a belief that I am quite wrong and a belief that I am saying nothing new. It is for others to determine if either of these or the third alternative is right.
John Maynard Keynes
Image
It is astonishing what foolish things one can temporarily believe if one thinks too long alone, particularly in economics.
John Maynard Keynes
Image
It is ideas, not vested interests, which are dangerous for good or evil.
John Maynard Keynes
Image
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.
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
I wish I'd drunk more champagne.
John Maynard Keynes
Image
Obstinacy can bring only a penalty and no reward.
John Maynard Keynes
Image
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
Image
Experience shows that what happens is always the thing against which one has not made provision in advance.
John Maynard Keynes
Image
Perhaps it is historically true that no order of society ever perishes save by its own hand.
John Maynard Keynes
Image
I can't remember my telephone number, but I know it was in the high numbers.
John Maynard Keynes
Image
There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.
John Maynard Keynes
Image
The Economic Problem...the problem of want and poverty and the economic struggle between classes and nations, is nothing but a frightful muddle, a transitory and unnecessary muddle.
John Maynard Keynes
Image
If I am right in supposing it to be comparatively easy to make capital-goods so abundant that the marginal efficiency of capital is zero, this may be the most sensible way of gradually getting rid of many of the objectionable features of capitalism.
John Maynard Keynes
Image
But my lord, when we addressed this issue a few years ago, didn't you argue the other side? He said, That's true, but when I get more evidence I sometimes change my mind. What do you do?
John Maynard Keynes
Image
What an extraordinary episode in the economic progress of man that age was which came to an end in August, 1914!
John Maynard Keynes