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?
JOHN MAYNARD KEYNESIt is a good thing to make mistakes so long as you’re found out quickly.
More John Maynard Keynes Quotes
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It’s not bringing in the new ideas that’s so hard; it’s getting rid of the old ones.
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The importance of money flows from it being a link between the present and the future.
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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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Long run is a misleading guide to current affairs. In the long run we are all dead.
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When I find new information I change my mind; What do you do?
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Investing is an activity of forecasting the yield over the life of the asset; speculation is the activity of forecasting the psychology of the market.
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Like all his type, Newton was wholly aloof from women.
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The forces of the nineteenth century have run their course and are exhausted.
JOHN MAYNARD KEYNES -
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.
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The introduction of a substantial Government transfer tax on all transactions might prove the most serviceable reform available,with a view to mitigating the predominance of speculation in the United States.
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Dangerous acts can be done safely in a community which thinks and feels rightly, which would be the way to hell if they were executed by those who think and feel wrongly.
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If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.
JOHN MAYNARD KEYNES -
It economics is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its possessor to draw correct conclusions.
JOHN MAYNARD KEYNES -
There is nothing so disastrous as a rational investment policy in an irrational world.
JOHN MAYNARD KEYNES -
The avoidance of taxes is the only intellectual pursuit that still carries any reward.
JOHN MAYNARD KEYNES