It is better that a man should tyrannize over his bank balance than over his fellow-citizens.
JOHN MAYNARD KEYNESFor at least another hundred years we must pretend to ourselves and to every one that fair is foul and foul is fair; for foul is useful and fair is not. Avarice and usury and precaution must be our gods for a little longer still.
More John Maynard Keynes Quotes
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Education: the inculcation of the incomprehensible into the indifferent by the incompetent.
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All production is for the purpose of ultimately satisfying a consumer.
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All the political parties alike have their origins in past ideas and not in new ideas and none more conspicuously so than the Marxists .
JOHN MAYNARD KEYNES -
I believe that the future will learn more from the spirit of Gesell than from that of Marx .
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The boom, not the slump, is the right time for austerity at the Treasury.
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There is no harm in being sometimes wrong – especially if one is promptly found out.
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The markets are moved by animal spirits, and not by reason.
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I’d rather be vaguely right than precisely wrong.
JOHN MAYNARD KEYNES -
To suggest social action for the public good to the city London is like discussing The Origin of Species to a Bishop sixty years ago.
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It would be foolish, in forming our expectations, to attach great weight to matters which are very uncertain.
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When my information changes, I alter my conclusions. What do you do, sir?
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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?
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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.
JOHN MAYNARD KEYNES -
Canada is a place of infinite promise. We like the people, and if one ever had to emigrate, this would be the destination, not the U.S.A. The hills, lakes and forests make it a place of peace and repose of the mind, such as one never finds in the U.S.A.
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Economics is a very dangerous science.
JOHN MAYNARD KEYNES