If 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 KEYNESA study of the history of opinion is a necessary preliminary to the emancipation of the mind.
More John Maynard Keynes Quotes
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Perhaps a day might come when there would be at last be enough to go round, and when posterity could enter into the enjoyment of our labors.
JOHN MAYNARD KEYNES -
It is ideas, not vested interests, which are dangerous for good or evil.
JOHN MAYNARD KEYNES -
It is better that a man should tyrannize over his bank balance than over his fellow-citizens.
JOHN MAYNARD KEYNES -
Once doubt begins it spreads rapidly.
JOHN MAYNARD KEYNES -
Conservatism leads nowhere; it satisfies no ideal.
JOHN MAYNARD KEYNES -
If human nature felt no temptation to take a chance there might not be much investment merely as a result of cold calculation.
JOHN MAYNARD KEYNES -
It is the duty of the long-term investor to endure great losses with equanimity.
JOHN MAYNARD KEYNES -
The difficulty lies, not in the new ideas, but in escaping from the old ones.
JOHN MAYNARD KEYNES -
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.
JOHN MAYNARD KEYNES -
It is investment, i.e. the increased production of material wealth in the shape of capital goods, which alone increases national wealth.
JOHN MAYNARD KEYNES -
The duty of “saving” became nine-tenths of virtue and the growth of the cake the object of true religion.
JOHN MAYNARD KEYNES -
The avoidance of taxes is the only intellectual pursuit that still carries any reward.
JOHN MAYNARD KEYNES -
I work for a Government I despise for ends I think criminal.
JOHN MAYNARD KEYNES -
Dangerous acts can be done safely in a community which thinks and feels rightly, which would be the way to hell if they were executed by those who think and feel wrongly.
JOHN MAYNARD KEYNES -
The immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably.
JOHN MAYNARD KEYNES