The destruction of the inducement to invest by an excessive liquidity-preference was the outstanding evil, the prime impediment to the growth of wealth, in the ancient and medieval worlds.
JOHN MAYNARD KEYNES
JOHN MAYNARD KEYNES
John Maynard Keynes on destruction
John Maynard Keynes151 quotes“The destruction of the inducement to invest by an excessive liquidity-preference was the outstanding evil, the prime impediment to the growth of wealth, in the ancient and medieval worlds.”
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When the final result is expected to be a compromise, it is often prudent to start from an extreme position.
John Maynard KeynesJohn Maynard Keynes Nor should the argument seem strange that taxation may be so high as to defeat its object, and that, given sufficient time to gather the fruits, a reduction of taxation will run a better chance than an increase of balancing the budget.
John Maynard KeynesJohn Maynard Keynes There is nothing so disastrous as a rational investment policy in an irrational world.
John Maynard KeynesJohn Maynard Keynes Conservatism leads nowhere; it satisfies no ideal.
John Maynard KeynesJohn Maynard Keynes A study of the history of opinion is a necessary preliminary to the emancipation of the mind.
John Maynard KeynesJohn Maynard Keynes When my information changes, I alter my conclusions. What do you do, sir?
John Maynard KeynesJohn Maynard Keynes If we consistently act on the optimistic hypothesis, this hypothesis will tend to be realised; whilst by acting on the pessimistic hypothesis we can keep ourselves for ever in the pit of want.
John Maynard KeynesJohn Maynard Keynes Economists must leave to Adam Smith alone the glory of the Quarto, must pluck the day, fling pamphlets into the wind, write always sub specie temporis , and achieve immortality by accident, if at all.
John Maynard KeynesJohn Maynard Keynes The introduction of a substantial Government transfer tax on all transactions might prove the most serviceable reform available,with a view to mitigating the predominance of speculation in the United States.
John Maynard KeynesJohn Maynard Keynes When I find new information I change my mind; What do you do?
John Maynard KeynesJohn Maynard Keynes The power to become habituated to his surroundings is a marked characteristic of mankind.
John Maynard KeynesJohn Maynard Keynes Never in history was there a method devised of such efficacy for setting each country’s advantage at variance with its neighbours’ as the international gold (or, formerly, silver) standard.
John Maynard KeynesJohn Maynard Keynes Once we allow ourselves to be disobedient to the test of an accountant’s profit, we have begun to change our civilization.
John Maynard KeynesJohn Maynard Keynes I think that Capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in sight, but that in itself is in many ways extremely objectionable.
John Maynard KeynesJohn Maynard Keynes 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 accomplished.
John Maynard KeynesJohn Maynard Keynes When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals.
John Maynard KeynesJohn Maynard Keynes
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From our community writers
Since you are gone, I collect the stars each night building my own night sky, so I have something to hold onto forever.
Laura ChouetteLaura Chouette Can anybody hear me? Are my words going to waste I need to believe there was a purpose to all the pain?
Allie MillerAllie Miller The universe hears what you say, but it knows what you mean.
Brianna PastorBrianna Pastor Enough of this. The next one I love will return my passion.
Iestyn TudorIestyn Tudor It’s unconditional; their chemistry is unconditional – forever.
Ophelia ScarlettOphelia Scarlett I love you so much that it hurts and that’s the problem I love you so much that it hurts.
Olivia CliffordOlivia Clifford Let’s always bloom, savor and delight others with our beauty.
Mariya FedulovaMariya Fedulova Shadows follow me the way a vulture stalks death. One small step ahead.
Danielle MontgomeryDanielle Montgomery
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More on destruction
There is something immensely dark about wars, they give more reasons to destruct and fewer reasons to reconstruct.
SargamSargam Veins has always been a weakness for her and that lead to the flowing of self destructive poison for her life.
Dr. Zainab AnsariDr. Zainab Ansari Tis not unreasonable for me to prefer the destruction of the whole world to the scratching of my finger.
David HumeDavid Hume The destruction of the foundations necessarily brings down the whole edifice.
Rene DescartesRene Descartes You burned through my heart, leaving scars I thought was love. But when the smoke cleared all you left was charred destruction.
Court YoungCourt Young I was an unfortunate bystander caught up in the winds of your destructive storms, destroyed to ruins with nothing left to spare but feeling of emptiness lingering through air.
Z. ElliottZ. Elliott You taste love once & exhale destruction forever.
Fareena AliyaFareena Aliya He clearly was a destruction and i named him love.
Fareena AliyaFareena Aliya