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When the final result is expected to be a compromise, it is often prudent to start from an extreme position.

John Maynard Keynes

Related Topics

Compromise Expectation Final Position Result

Bagwalas

Popular Authors

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The friends of gold will have to be extremely wise and moderate if they are to avoid a revolution.
JOHN MAYNARD KEYNES

Avoid Friendship Gold Revolution Wisdom
The difficulty lies, not in the new ideas, but in escaping the old ones, which ramify, for those brought up as most of us have been, into every corner of our minds.
JOHN MAYNARD KEYNES

Difficult Escape Ideas Lying Mindset Ourselves
Education: the inculcation of the incomprehensible into the indifferent by the incompetent.
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Different Education Incompetent
The expected never happens; it is the unexpected always.
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Expectation Inspirational Miracle Motivational
Economics is a very dangerous science.
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Dangerous Economics Science
The atomic hypothesis which had worked so splendidly in Physics breaks down in Psychics.
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Break Physics Splendid Work
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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Citizenship Important Inflation Process Secret
There is nothing so disastrous as a rational investment policy in an irrational world.
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Disaster Investment Rational World
Markets can remain irrational longer than you can remain solvent.
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Fade Market Yourself
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.
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Argument Balance Budget Defeat Fruit Object Strange
I believe myself to be writing a book on economic theory which will largely revolutionize – not, I suppose, at once but in the course of the next ten years – the way the world thinks about economic problems.
JOHN MAYNARD KEYNES

Believe Economics Problem Revolution Thinking World Writing
Men will not always die quietly.
JOHN MAYNARD KEYNES

Death Man Quiet
The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems – the problems of life and of human relations, of creation and behavior and religion.
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Behavior Creation Economics Head Heart Problem Religion
There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.
JOHN MAYNARD KEYNES

Currency Existence Subtle Sure
Nothing mattered except states of mind, chiefly our own.
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Chief Exception Ourselves State
The idea behind stamped money is sound.
JOHN MAYNARD KEYNES

Ideas Money Sound Stamp

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