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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
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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
Investment
Material
Increases
Shapes
Increased
National
Capital
Increase
Goods
Materials
Production
Wealth
Productions
Alone
Shape
More quotes by John Maynard Keynes
This long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again.
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The markets are moved by animal spirits, and not by reason.
John Maynard Keynes
I expect to see the State, which is in a position to calculate the marginal efficiency of capital-goods on long views and on the basis of the general social advantage, taking an ever greater responsibility for directly organizing investments.
John Maynard Keynes
Once doubt begins it spreads rapidly.
John Maynard Keynes
Galton's eccentric, sceptical, observing, flashing, cavalry-leader type of mind led him eventually to become the founder of the most important, significant and, I would add, genuine branch of sociology which exists, namely eugenics.
John Maynard Keynes
The important thing for Government is not to do things which individuals are doing already, and to do them a little better or a little worse but to do those things which at present are not done at all.
John Maynard Keynes
I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas.
John Maynard Keynes
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.
John Maynard Keynes
It is impossible that the intention of the entrepreneur who has borrowed in order to increase investment can become effective (except in substitution for investment by other entrepreneurs which would have occurred otherwise) at a faster rate than the public decide to increase their savings
John Maynard Keynes
When somebody persuades me I am wrong, I change my mind.
John Maynard Keynes
The treasury could fill old bottles with banknotes and bury them..and leave it to private enterprises on well-tried principles of laissez-faire to dig the notes up again.
John Maynard Keynes
Like all his type, Newton was wholly aloof from women.
John Maynard Keynes
Men will not always die quietly.
John Maynard Keynes
The engine which drives enterprise is not thrift, but profit.
John Maynard Keynes
We will not have any more crashes in our time.
John Maynard Keynes
I can't remember my telephone number, but I know it was in the high numbers.
John Maynard Keynes
The duty of saving became nine-tenths of virtue and the growth of the cake the object of true religion.
John Maynard Keynes
Investing is an activity of forecasting the yield over the life of the asset speculation is the activity of forecasting the psychology of the market.
John Maynard Keynes
The expected never happens it is the unexpected always.
John Maynard Keynes
It is ideas, not vested interests, which are dangerous for good or evil.
John Maynard Keynes
