Well, when I get new information, I rethink my position. What, sir, do you do with new information?
JOHN MAYNARD KEYNESI know of only three people who really understand money. A professor at another university. One of my students. And a rather junior clerk at the Bank of England.
More John Maynard Keynes Quotes
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It is better that a man should tyrannize over his bank balance than over his fellow-citizens.
JOHN MAYNARD KEYNES -
The avoidance of taxes is the only intellectual pursuit that still carries any reward.
JOHN MAYNARD KEYNES -
Like all his type, Newton was wholly aloof from women.
JOHN MAYNARD KEYNES -
It has been pointed out already that no knowledge of probabilities, less in degree than certainty, helps us to know what conclusions are true, and that there is no direct relation between the truth of a proposition and its probability. Probability begins and ends with probability.
JOHN MAYNARD KEYNES -
There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.
JOHN MAYNARD KEYNES -
The boom, not the slump, is the right time for austerity at the Treasury.
JOHN MAYNARD KEYNES -
Education: the inculcation of the incomprehensible into the indifferent by the incompetent.
JOHN MAYNARD KEYNES -
There is no harm in being sometimes wrong – especially if one is promptly found out.
JOHN MAYNARD KEYNES -
The numeric system was invented to help man to put order in the chaos of the world.
JOHN MAYNARD KEYNES -
When the facts change, I change my mind.
JOHN MAYNARD KEYNES -
The disruptive powers of excessive national fecundity may have played a greater part in bursting the bonds of convention than either the power of ideas or the errors of autocracy.
JOHN MAYNARD KEYNES -
It would be foolish, in forming our expectations, to attach great weight to matters which are very uncertain.
JOHN MAYNARD KEYNES -
It is Enterprise which build and improves the world’s possessions. If Enterprise is afoot, Wealth accumulates whatever may be happening to Thrift; and if Enterprise is asleep, Wealth decays, whatever Thrift may be doing.
JOHN MAYNARD KEYNES -
Never in history was there a method devised of such efficacy for setting each country’s advantage at variance with its neighbours’ as the international gold (or, formerly, silver) standard.
JOHN MAYNARD KEYNES -
Government machinery has been described as a marvelous labor saving device which enables ten men to do the work of one.
JOHN MAYNARD KEYNES