The expected never happens; it is the unexpected always.
JOHN MAYNARD KEYNESThe decadent international but individualistic capitalism in the hands of which we found ourselves after the war is not a success. It is not intelligent. It is not beautiful. It is not just. It is not virtuous. And it doesn’t deliver the goods.
More John Maynard Keynes Quotes
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The engine which drives enterprise is not thrift, but profit.
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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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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.
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One’s knowledge and experience are definitely limited and there are seldom more than two or three enterprises at any given time in which I personally feel myself entitled to put full confidence.
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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.
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The principle objectives in life are love, the creation and enjoyment if aesthetic experience, the pursuit of knowledge. Love comes a long way first.
JOHN MAYNARD KEYNES -
Americans are apt to be unduly interested in discovering what average opinion believes average opinion to be.
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I conceive, therefore, that a somewhat comprehensive socialisation of investment will prove the means of securing an approximation to full employment.
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When somebody persuades me I am wrong, I change my mind.
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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.
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Long run is a misleading guide to current affairs. In the long run we are all dead.
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Whenever you save five shillings you put a man out of work for a day.
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Like all his type, Newton was wholly aloof from women.
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Obstinacy can bring only a penalty and no reward.
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Once we allow ourselves to be disobedient to the test of an accountant’s profit, we have begun to change our civilization.
JOHN MAYNARD KEYNES