Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.
JOHN MAYNARD KEYNESWorldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.
More John Maynard Keynes Quotes
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In the long run we are all dead.
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Americans are apt to be unduly interested in discovering what average opinion believes average opinion to be.
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Perhaps it is historically true that no order of society ever perishes save by its own hand.
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It is investment, i.e. the increased production of material wealth in the shape of capital goods, which alone increases national wealth.
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The love of money as a possession. Will be recognised for what it is, a somewhat disgusting morbidity.
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I’d rather be vaguely right than precisely wrong.
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If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.
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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.
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What an extraordinary episode in the economic progress of man that age was which came to an end in August, 1914!
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Morally and philosophically I find myself in agreement with virtually the whole of it: and not only in agreement with it, but in deeply moved agreement.
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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.
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It is better to be roughly right than precisely wrong.
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The division of the spoils between the victors will also provide employment for a powerful office, whose doorsteps the greedy adventurers and jealous concession hunters of twenty or thirty nations will crowd and defile.
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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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When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals.
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I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas.
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I believe that the future will learn more from the spirit of Gesell than from that of Marx .
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But my lord, when we addressed this issue a few years ago, didn’t you argue the other side?” He said, “That’s true, but when I get more evidence I sometimes change my mind. What do you do?
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It is better that a man should tyrannize over his bank balance than over his fellow-citizens.
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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 Economic Problem, the problem of want and poverty and the economic struggle between classes and nations, is nothing but a frightful muddle, a transitory and unnecessary muddle.
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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 .
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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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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.
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The disruptive powers of excessive national fecundity may have played a greater part in bursting the bonds of convention than either the power of ideas or the errors of autocracy.
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I work for a Government I despise for ends I think criminal.
JOHN MAYNARD KEYNES