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I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas.
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
Sure
Interest
Encroachment
Power
Vested
Ideas
Vastly
Gradual
Exaggerated
Compared
Interests
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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When the final result is expected to be a compromise, it is often prudent to start from an extreme position.
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The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.
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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.
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All the political parties alike have their origins in past ideas and not in new ideas and none more conspicuously so than the Marxists .
John Maynard Keynes
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 .
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Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.
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They offer me neither food nor drink - intellectual nor spiritual consolation... [Conservatism] leads nowhere it satisfies no ideal it conforms to no intellectual standard, it is not safe, or calculated to preserve from the spoilers that degree of civilization which we have already attained.
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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.
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I work for a Government I despise for ends I think criminal.
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How long will it be necessary to pay City men so entirely out of proportion to what other servants of society commonly receive for performing social services not less useful or difficult?
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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.
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Ideas shape the course of history.
John Maynard Keynes
Chess is a cure for headaches.
John Maynard Keynes
The importance of money flows from it being a link between the present and the future.
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
The engine which drives enterprise is not thrift, but profit.
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Most men love money and security more, and creation and construction less, as they get older.
John Maynard Keynes
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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Government machinery has been described as a marvelous labor saving device which enables ten men to do the work of one.
John Maynard Keynes
