The boom, not the slump, is the right time for austerity at the Treasury.
JOHN MAYNARD KEYNESThe 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.
More John Maynard Keynes Quotes
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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 -
A speculator is one who runs risks of which he is aware and an investor is one who runs risks of which he is unaware.
JOHN MAYNARD KEYNES -
I believe that the future will learn more from the spirit of Gesell than from that of Marx .
JOHN MAYNARD KEYNES -
If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.
JOHN MAYNARD KEYNES -
The engine which drives enterprise is not thrift, but profit.
JOHN MAYNARD KEYNES -
An investor who proposes to ignore near-term market fluctuations needs greater resources for safety and must not operate on so large a scale, if at all, with borrowed money.
JOHN MAYNARD KEYNES -
I work for a Government I despise for ends I think criminal.
JOHN MAYNARD KEYNES -
But whilst there may be intrinsic reasons for the scarcity of land, there are no intrinsic reasons for the scarcity of capital.
JOHN MAYNARD KEYNES -
Nothing mattered except states of mind, chiefly our own.
JOHN MAYNARD KEYNES -
For my own part, I believe that there is social and psychological justification for significant inequalities of incomes and wealth.
JOHN MAYNARD KEYNES -
I conceive, therefore, that a somewhat comprehensive socialisation of investment will prove the means of securing an approximation to full employment.
JOHN MAYNARD KEYNES -
There is nothing so disastrous as a rational investment policy in an irrational world.
JOHN MAYNARD KEYNES -
The numeric system was invented to help man to put order in the chaos of the world.
JOHN MAYNARD KEYNES -
A sound banker, alas, is not one who foresees danger and avoids it, but one who, when he is ruined, is ruined in a conventional way along with his fellows, so that no one can really blame him.
JOHN MAYNARD KEYNES -
It would not be foolish to contemplate the possibility of a far greater progress still.
JOHN MAYNARD KEYNES