Chess is a cure for headaches.
JOHN MAYNARD KEYNESEconomics is a very dangerous science.
More John Maynard Keynes Quotes
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When somebody persuades me I am wrong, I change my mind.
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The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.
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The expected never happens; it is the unexpected always.
JOHN MAYNARD KEYNES -
I conceive, therefore, that a somewhat comprehensive socialisation of investment will prove the means of securing an approximation to full employment.
JOHN MAYNARD KEYNES -
The biggest problem is not to let people accept new ideas, but to let them forget the old ones.
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All production is for the purpose of ultimately satisfying a consumer.
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I am myself impressed by the great social advantages of increasing the stock of capital until it ceases to be scarce.
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A sound banker, alas, is not one who foresees danger and avoids it, but one who, when he is ruined, is ruined in a conventional way along with his fellows, so that no one can really blame him.
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I do not know which makes a man more conservative – to know nothing but the present, or nothing but the past.
JOHN MAYNARD KEYNES -
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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The power to become habituated to his surroundings is a marked characteristic of mankind.
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There is no intrinsic reason for the scarcity of capital.
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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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The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is generally understood. Indeed, the world is ruled by little else.
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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!
JOHN MAYNARD KEYNES