Quote

In a regime of Free Trade and free economic intercourse it would be of little consequence that iron lay on one side of a political frontier, and labour, coal, and blast furnaces on the other. But as it is, men have devised ways to impoverish themselves and one another and prefer collective animosities to individual happiness.

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
Would
Happiness
Lays
Regime
Furnaces
Men
Free
Consequence
Regimes
Animosity
Individual
Trade
Collectives
Devised
Political
Labor
Coal
Frontier
Another
Side
Collective
Intercourse
Littles
Ways
Labour
Frontiers
Little
Sides
Iron
Blast
Animosities
Way
Economic
Prefer
Economist
Impoverish

More quotes by John Maynard Keynes

Image
...By combining a popular hatred of the class of entrepreneurs with the blow already given to social security by the violent and arbitrary disturbance of contract,... governments are fast rendering impossible a continuance of the social and economic order of the nineteenth century.
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
Image
Words ought to be a little wild, for they are the assault of thoughts on the unthinking.
John Maynard Keynes
Image
The difficulty lies, not in the new ideas, but in escaping from the old ones.
John Maynard Keynes
Image
Chess is a cure for headaches.
John Maynard Keynes
Image
Economics is a very dangerous science.
John Maynard Keynes
Image
I believe myself to be writing a book on economic theory which will largely revolutionize - not, I suppose, at once but in the course of the next ten years - the way the world thinks about economic problems.
John Maynard Keynes
Image
Professional investment may be likened to those newspaper competitions in which the competitors have to pick out the six prettiest faces from a hundred photographs, the prize being awarded to the competitor whose choice most nearly corresponds to the average preferences of the competitors as a whole.
John Maynard Keynes
Image
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
Image
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.
John Maynard Keynes
Image
Investment based on genuine long-term expectations is so difficult today as to be scarcely practicable.
John Maynard Keynes
Image
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
Image
It would not be foolish to contemplate the possibility of a far greater progress still.
John Maynard Keynes
Image
The great events of history are often due to secular changes in the growth of population and other fundamental economic causes, which, escaping by their gradual character the notice of contemporary observers, are attributed to the follies of statesmen or the fanaticism of atheists .
John Maynard Keynes
Image
In truth, the gold standard is already a barbarous relic.
John Maynard Keynes
Image
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
Image
Pyramid-building, earthquakes, even wars may serve to increase wealth, if the education of our statesmen on the principles of the classical economics stands in the way of anything better.
John Maynard Keynes
Image
The boom, not the slump, is the right time for austerity at the Treasury.
John Maynard Keynes
Image
The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is generally understood. Indeed, the world is ruled by little else.
John Maynard Keynes
Image
Once doubt begins it spreads rapidly.
John Maynard Keynes