Long run is a misleading guide to current affairs. In the long run we are all dead.
JOHN MAYNARD KEYNESIt 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.
More John Maynard Keynes Quotes
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The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.
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I work for a Government I despise for ends I think criminal.
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If human nature felt no temptation to take a chance there might not be much investment merely as a result of cold calculation.
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When the facts change, I change my mind.
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There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.
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It would be foolish, in forming our expectations, to attach great weight to matters which are very uncertain.
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Words ought to be a little wild, for they are the assault of thoughts on the unthinking.
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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.
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I know of only three people who really understand money. A professor at another university. One of my students. And a rather junior clerk at the Bank of England.
JOHN MAYNARD KEYNES -
The key to selecting the winner isn’t choosing the face you think is the most beautiful but rather the face other people will pick
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The forces of the nineteenth century have run their course and are exhausted.
JOHN MAYNARD KEYNES -
I believe that the future will learn more from the spirit of Gesell than from that of Marx .
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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 -
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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Chess is a cure for headaches.
JOHN MAYNARD KEYNES