The 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.
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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Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.
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The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is generally understood. Indeed, the world is ruled by little else.
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Successful investing is anticipating the anticipations of others.
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The duty of “saving” became nine-tenths of virtue and the growth of the cake the object of true religion.
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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 is the duty of the long-term investor to endure great losses with equanimity.
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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.
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The avoidance of taxes is the only intellectual pursuit that still carries any reward.
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It is better that a man should tyrannize over his bank balance than over his fellow-citizens.
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Ideas, knowledge, art, hospitality, travel – these are things which should in their nature be international. But let goods be homespun whenever it is reasonably and conveniently possible and above all let finance be primarily national.
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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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Americans are apt to be unduly interested in discovering what average opinion believes average opinion to be.
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The Economic Problem, the problem of want and poverty and the economic struggle between classes and nations, is nothing but a frightful muddle, a transitory and unnecessary muddle.
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The power to become habituated to his surroundings is a marked characteristic of mankind.
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The biggest problem is not to let people accept new ideas, but to let them forget the old ones.
JOHN MAYNARD KEYNES