When my information changes, I alter my conclusions. What do you do, sir?
JOHN MAYNARD KEYNESWhen my information changes, I alter my conclusions. What do you do, sir?
JOHN MAYNARD KEYNESI’d rather be vaguely right than precisely wrong.
JOHN MAYNARD KEYNESAs time goes on, I get more and more convinced that the right method of investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes.
JOHN MAYNARD KEYNESThe markets are moved by animal spirits, and not by reason.
JOHN MAYNARD KEYNESIt is better that a man should tyrannize over his bank balance than over his fellow-citizens.
JOHN MAYNARD KEYNESThe avoidance of taxes is the only intellectual pursuit that still carries any reward.
JOHN MAYNARD KEYNESGovernment machinery has been described as a marvelous labor saving device which enables ten men to do the work of one.
JOHN MAYNARD KEYNESThe difficulty lies, not in the new ideas, but in escaping from the old ones.
JOHN MAYNARD KEYNESLike all his type, Newton was wholly aloof from women.
JOHN MAYNARD KEYNESThe engine which drives enterprise is not thrift, but profit.
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 KEYNESLogic , like lyrical poetry , is no employment for the middle-aged.
JOHN MAYNARD KEYNESAll production is for the purpose of ultimately satisfying a consumer.
JOHN MAYNARD KEYNESThe study of economics does not seem to require any specialised gifts of an unusually high order.
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 KEYNESInvestment based on genuine long-term expectations is so difficult today as to be scarcely practicable.
JOHN MAYNARD KEYNES