It is a mistake to think that one limits one’s risk by spreading too much between enterprises about which one knows little and has no reason for special confidence.
JOHN MAYNARD KEYNESThe 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.
More John Maynard Keynes Quotes
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It would be foolish, in forming our expectations, to attach great weight to matters which are very uncertain.
JOHN MAYNARD KEYNES -
I’d rather be vaguely right than precisely wrong.
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 a good thing to make mistakes so long as you’re found out quickly.
JOHN MAYNARD KEYNES -
I find myself more and more relying for a solution of our problems on the invisible hand which I tried to eject from economic thinking twenty years ago.
JOHN MAYNARD KEYNES -
Thus, the weight of my criticism is directed against the inadequacy of the theoretical foundations of the laissez-faire doctrine upon which I was brought up and for many years I taught
JOHN MAYNARD KEYNES -
It economics is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its possessor to draw correct conclusions.
JOHN MAYNARD KEYNES -
The expected never happens; it is the unexpected always.
JOHN MAYNARD KEYNES -
Most men love money and security more, and creation and construction less, as they get older.
JOHN MAYNARD KEYNES -
I am myself impressed by the great social advantages of increasing the stock of capital until it ceases to be scarce.
JOHN MAYNARD KEYNES -
When my information changes, I alter my conclusions. What do you do, sir?
JOHN MAYNARD KEYNES -
An investor who proposes to ignore near-term market fluctuations needs greater resources for safety and must not operate on so large a scale, if at all, with borrowed money.
JOHN MAYNARD KEYNES -
The study of economics does not seem to require any specialised gifts of an unusually high order.
JOHN MAYNARD KEYNES -
I work for a Government I despise for ends I think criminal.
JOHN MAYNARD KEYNES -
Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all.
JOHN MAYNARD KEYNES