The biggest problem is not to let people accept new ideas, but to let them forget the old ones.
JOHN MAYNARD KEYNESThe biggest problem is not to let people accept new ideas, but to let them forget the old ones.
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 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 KEYNESWhen the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done.
JOHN MAYNARD KEYNESWorldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.
JOHN MAYNARD KEYNESThere is no intrinsic reason for the scarcity of capital.
JOHN MAYNARD KEYNESIn the long run we are all dead.
JOHN MAYNARD KEYNESInvesting is an activity of forecasting the yield over the life of the asset; speculation is the activity of forecasting the psychology of the market.
JOHN MAYNARD KEYNESThe study of economics does not seem to require any specialised gifts of an unusually high order.
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 KEYNESThe social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.
JOHN MAYNARD KEYNESThe power to become habituated to his surroundings is a marked characteristic of mankind.
JOHN MAYNARD KEYNESThe forces of the nineteenth century have run their course and are exhausted.
JOHN MAYNARD KEYNESIt is a good thing to make mistakes so long as you’re found out quickly.
JOHN MAYNARD KEYNESWhen I find new information I change my mind; What do you do?
JOHN MAYNARD KEYNESObstinacy can bring only a penalty and no reward.
JOHN MAYNARD KEYNES