I know of only three people who really understand money. A professor at another university. One of my students. And a rather junior clerk at the Bank of England.
JOHN MAYNARD KEYNESIt is better to be roughly right than precisely wrong.
More John Maynard Keynes Quotes
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The importance of money flows from it being a link between the present and the future.
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The avoidance of taxes is the only intellectual pursuit that still carries any reward.
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When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done.
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Conservatism leads nowhere; it satisfies no ideal.
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It is a good thing to make mistakes so long as you’re found out quickly.
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When the facts change, I change my mind.
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The division of the spoils between the victors will also provide employment for a powerful office, whose doorsteps the greedy adventurers and jealous concession hunters of twenty or thirty nations will crowd and defile.
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It is astonishing what foolish things one can temporarily believe if one thinks too long alone, particularly in economics.
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Practical men who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back.
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When somebody persuades me I am wrong, I change my mind.
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By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
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Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.
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Whenever you save five shillings you put a man out of work for a day.
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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 -
In the long run we are all dead.
JOHN MAYNARD KEYNES