Nor should the argument seem strange that taxation may be so high as to defeat its object, and that, given sufficient time to gather the fruits, a reduction of taxation will run a better chance than an increase of balancing the budget.
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.
More John Maynard Keynes Quotes
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It is astonishing what foolish things one can temporarily believe if one thinks too long alone, particularly in economics.
JOHN MAYNARD KEYNES -
Successful investing is anticipating the anticipations of others.
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?
JOHN MAYNARD KEYNES -
It would not be foolish to contemplate the possibility of a far greater progress still.
JOHN MAYNARD KEYNES -
The considerations upon which expectations of prospective yields are based are partly existing facts which we can assume to be known more or less for certain, and partly future events which can only be forecasted with more or less confidence.
JOHN MAYNARD KEYNES -
It is a good thing to make mistakes so long as you’re found out quickly.
JOHN MAYNARD KEYNES -
Well, when I get new information, I rethink my position. What, sir, do you do with new information?
JOHN MAYNARD KEYNES -
The Economic Problem, the problem of want and poverty and the economic struggle between classes and nations, is nothing but a frightful muddle, a transitory and unnecessary muddle.
JOHN MAYNARD KEYNES -
The engine which drives enterprise is not thrift, but profit.
JOHN MAYNARD KEYNES -
The right remedy for the trade cycle is not to be found in abolishing booms and thus keeping us permanently in a semi-slump; but in abolishing slumps and thus keeping us permanently in a quasi-boom.
JOHN MAYNARD KEYNES -
For my own part, I believe that there is social and psychological justification for significant inequalities of incomes and wealth.
JOHN MAYNARD KEYNES -
Men will not always die quietly.
JOHN MAYNARD KEYNES -
I work for a Government I despise for ends I think criminal.
JOHN MAYNARD KEYNES -
The power to become habituated to his surroundings is a marked characteristic of mankind.
JOHN MAYNARD KEYNES -
It’s not bringing in the new ideas that’s so hard; it’s getting rid of the old ones.
JOHN MAYNARD KEYNES