Government machinery has been described as a marvelous labor saving device which enables ten men to do the work of one.
JOHN MAYNARD KEYNESGovernment machinery has been described as a marvelous labor saving device which enables ten men to do the work of one.
JOHN MAYNARD KEYNESThe difficulty lies, not in the new ideas, but in escaping from the old ones.
JOHN MAYNARD KEYNESBut 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?
JOHN MAYNARD KEYNESConservatism leads nowhere; it satisfies no ideal.
JOHN MAYNARD KEYNESIf farming were to be organised like the stock market, a farmer would sell his farm in the morning when it was raining, only to buy it back in the afternoon when the sun came out.
JOHN MAYNARD KEYNESIn the long run we are all dead.
JOHN MAYNARD KEYNESThe power to become habituated to his surroundings and therefore to no longer be grateful for what is good in it is a marked characteristic of mankind and needs to be fought against if a person is to be happy.
JOHN MAYNARD KEYNESSuccessful investing is anticipating the anticipations of others.
JOHN MAYNARD KEYNESInvestment based on genuine long-term expectations is so difficult today as to be scarcely practicable.
JOHN MAYNARD KEYNESIt is Enterprise which build and improves the world’s possessions. If Enterprise is afoot, Wealth accumulates whatever may be happening to Thrift; and if Enterprise is asleep, Wealth decays, whatever Thrift may be doing.
JOHN MAYNARD KEYNESWe will not have any more crashes in our time.
JOHN MAYNARD KEYNESThe friends of gold will have to be extremely wise and moderate if they are to avoid a revolution.
JOHN MAYNARD KEYNESAll production is for the purpose of ultimately satisfying a consumer.
JOHN MAYNARD KEYNESThe 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.
JOHN MAYNARD KEYNESThe power to become habituated to his surroundings is a marked characteristic of mankind.
JOHN MAYNARD KEYNESI believe myself to be writing a book on economic theory which will largely revolutionize – not, I suppose, at once but in the course of the next ten years – the way the world thinks about economic problems.
JOHN MAYNARD KEYNES