All production is for the purpose of ultimately satisfying a consumer.
JOHN MAYNARD KEYNESThe decadent international but individualistic capitalism in the hands of which we found ourselves after the war is not a success. It is not intelligent. It is not beautiful. It is not just. It is not virtuous. And it doesn’t deliver the goods.
More John Maynard Keynes Quotes
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Whenever you save five shillings you put a man out of work for a day.
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It is better to be roughly right than precisely wrong.
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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.
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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 -
Economics is a very dangerous science.
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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.
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The idea behind stamped money is sound.
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The avoidance of taxes is the only intellectual pursuit that still carries any reward.
JOHN MAYNARD KEYNES -
Perhaps it is historically true that no order of society ever perishes save by its own hand.
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The numeric system was invented to help man to put order in the chaos of the world.
JOHN MAYNARD KEYNES -
It is better that a man should tyrannize over his bank balance than over his fellow-citizens.
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When somebody persuades me I am wrong, I change my mind.
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The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.
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It is a good thing to make mistakes so long as you’re found out quickly.
JOHN MAYNARD KEYNES -
In truth, the gold standard is already a barbarous relic.
JOHN MAYNARD KEYNES