The immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably.
JOHN MAYNARD KEYNESThe immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably.
JOHN MAYNARD KEYNESIt is investment, i.e. the increased production of material wealth in the shape of capital goods, which alone increases national wealth.
JOHN MAYNARD KEYNESA speculator is one who runs risks of which he is aware and an investor is one who runs risks of which he is unaware.
JOHN MAYNARD KEYNESIt 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 KEYNESSuccessful investing is anticipating the anticipations of others.
JOHN MAYNARD KEYNESWhenever you save five shillings you put a man out of work for a day.
JOHN MAYNARD KEYNESThe 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.
JOHN MAYNARD KEYNESEconomics is a very dangerous science.
JOHN MAYNARD KEYNESThere is no harm in being sometimes wrong – especially if one is promptly found out.
JOHN MAYNARD KEYNESIf economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.
JOHN MAYNARD KEYNESWords ought to be a little wild, for they are the assault of thoughts on the unthinking.
JOHN MAYNARD KEYNESThe 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.
JOHN MAYNARD KEYNESThe 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.
JOHN MAYNARD KEYNESIf you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at your mercy.
JOHN MAYNARD KEYNESThe numeric system was invented to help man to put order in the chaos of the world.
JOHN MAYNARD KEYNESChess is a cure for headaches.
JOHN MAYNARD KEYNES