Quote

Ideas, knowledge, art, hospitality, travel - these are things which should in their nature be international. But let goods be homespun whenever it is reasonably and conveniently possible and above all let finance be primarily national.

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
Ideas
International
Conveniently
Things
National
Reasonably
Travel
Hospitality
Possible
Primarily
Knowledge
Finance
Business
Goods
Art
Whenever
Nature
Climate
Homespun

More quotes by John Maynard Keynes

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Education: the inculcation of the incomprehensible into the indifferent by the incompetent.
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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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Like all his type, Newton was wholly aloof from women.
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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
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The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion.
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The division of the spoils between the victors will also provide employment for a powerful office, whose doorsteps the greedy adventurers and jealous concession hunters of twenty or thirty nations will crowd and defile.
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Perhaps it is historically true that no order of society ever perishes save by its own hand.
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I wish I'd drunk more champagne.
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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.
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Words ought to be a little wild, for they are the assault of thoughts on the unthinking.
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The numeric system was invented to help man to put order in the chaos of the world.
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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.
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The difficulty lies, not in the new ideas, but in escaping from the old ones.
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The expected never happens it is the unexpected always.
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Men will not always die quietly.
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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.
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Economics is a very dangerous science.
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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.
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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.
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It is astonishing what foolish things one can temporarily believe if one thinks too long alone, particularly in economics.
John Maynard Keynes