There is no intrinsic reason for the scarcity of capital.

JOHN MAYNARD KEYNES

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There is no intrinsic reason for the scarcity of capital.

John Maynard Keynes

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Bagwalas

I was suffering from my chronic delusion that one good share is safer than ten bad ones, and I am always forgetting that hardly anyone else shares this particular delusion.

JOHN MAYNARD KEYNES

I was suffering from my chronic delusion that one good share is safer than ten bad ones, and I am always forgetting that hardly anyone else shares this particular delusion.
JOHN MAYNARD KEYNES

Delusion
The friends of gold will have to be extremely wise and moderate if they are to avoid a revolution.

JOHN MAYNARD KEYNES

The friends of gold will have to be extremely wise and moderate if they are to avoid a revolution.
JOHN MAYNARD KEYNES
It would not be foolish to contemplate the possibility of a far greater progress still.

JOHN MAYNARD KEYNES

It would not be foolish to contemplate the possibility of a far greater progress still.
JOHN MAYNARD KEYNES
It is better to be roughly right than precisely wrong.

JOHN MAYNARD KEYNES

It is better to be roughly right than precisely wrong.
JOHN MAYNARD KEYNES
The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.

JOHN MAYNARD KEYNES

The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.
JOHN MAYNARD KEYNES

Economy
All the political parties alike have their origins in past ideas and not in new ideas and none more conspicuously so than the Marxists .

JOHN MAYNARD KEYNES

All the political parties alike have their origins in past ideas and not in new ideas and none more conspicuously so than the Marxists .
JOHN MAYNARD KEYNES

Origin
The right remedy for the trade cycle is not to be found in abolishing booms and thus keeping us permanently in a semi-slump; but in abolishing slumps and thus keeping us permanently in a quasi-boom.

JOHN MAYNARD KEYNES

The right remedy for the trade cycle is not to be found in abolishing booms and thus keeping us permanently in a semi-slump; but in abolishing slumps and thus keeping us permanently in a quasi-boom.
JOHN MAYNARD KEYNES

Cycle Remedy Trade
Pyramid-building, earthquakes, even wars may serve to increase wealth, if the education of our statesmen on the principles of the classical economics stands in the way of anything better.

JOHN MAYNARD KEYNES

Pyramid-building, earthquakes, even wars may serve to increase wealth, if the education of our statesmen on the principles of the classical economics stands in the way of anything better.
JOHN MAYNARD KEYNES

Increase
It is ideas, not vested interests, which are dangerous for good or evil.

JOHN MAYNARD KEYNES

It is ideas, not vested interests, which are dangerous for good or evil.
JOHN MAYNARD KEYNES

Dangerous
The atomic hypothesis which had worked so splendidly in Physics breaks down in Psychics.

JOHN MAYNARD KEYNES

The atomic hypothesis which had worked so splendidly in Physics breaks down in Psychics.
JOHN MAYNARD KEYNES

Physics Splendid
For my own part, I believe that there is social and psychological justification for significant inequalities of incomes and wealth.

JOHN MAYNARD KEYNES

For my own part, I believe that there is social and psychological justification for significant inequalities of incomes and wealth.
JOHN MAYNARD KEYNES

Justification
Markets can remain irrational longer than you can remain solvent.

JOHN MAYNARD KEYNES

Markets can remain irrational longer than you can remain solvent.
JOHN MAYNARD KEYNES
I am myself impressed by the great social advantages of increasing the stock of capital until it ceases to be scarce.

JOHN MAYNARD KEYNES

I am myself impressed by the great social advantages of increasing the stock of capital until it ceases to be scarce.
JOHN MAYNARD KEYNES

Scarce
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

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

Conclusion Drawing Mindset
When I find new information I change my mind; What do you do?

JOHN MAYNARD KEYNES

When I find new information I change my mind; What do you do?
JOHN MAYNARD KEYNES

Mindset
Men will not always die quietly.
JOHN MAYNARD KEYNES

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