I conceive, therefore, that a somewhat comprehensive socialisation of investment will prove the means of securing an approximation to full employment.

JOHN MAYNARD KEYNES

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I conceive, therefore, that a somewhat comprehensive socialisation of investment will prove the means of securing an approximation to full employment.

John Maynard Keynes

Related Topics

Bagwalas

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?

JOHN MAYNARD KEYNES

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?
JOHN MAYNARD KEYNES

Address Mindset
The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.

JOHN MAYNARD KEYNES

The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.
JOHN MAYNARD KEYNES

Economy
Conservatism leads nowhere; it satisfies no ideal.

JOHN MAYNARD KEYNES

Conservatism leads nowhere; it satisfies no ideal.
JOHN MAYNARD KEYNES

Conservatism
One blames politicians, not for inconsistency but for obstinacy. They are the interpreters, not the masters, of our fate. It is their job, in fact, to register the fact accomplished.

JOHN MAYNARD KEYNES

One blames politicians, not for inconsistency but for obstinacy. They are the interpreters, not the masters, of our fate. It is their job, in fact, to register the fact accomplished.
JOHN MAYNARD KEYNES

Obstinate Politician
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

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

Direct Point Probability
We will not have any more crashes in our time.

JOHN MAYNARD KEYNES

We will not have any more crashes in our time.
JOHN MAYNARD KEYNES

Crash
Long run is a misleading guide to current affairs. In the long run we are all dead.

JOHN MAYNARD KEYNES

Long run is a misleading guide to current affairs. In the long run we are all dead.
JOHN MAYNARD KEYNES

Affair
It is generally agreed that casinos should, in the public interest, be inaccessible and expensive. And perhaps the same is true of Stock Exchanges.

JOHN MAYNARD KEYNES

It is generally agreed that casinos should, in the public interest, be inaccessible and expensive. And perhaps the same is true of Stock Exchanges.
JOHN MAYNARD KEYNES

Expensive Stock Market
There is no harm in being sometimes wrong – especially if one is promptly found out.

JOHN MAYNARD KEYNES

There is no harm in being sometimes wrong – especially if one is promptly found out.
JOHN MAYNARD KEYNES

Oneself
The boom, not the slump, is the right time for austerity at the Treasury.

JOHN MAYNARD KEYNES

The boom, not the slump, is the right time for austerity at the Treasury.
JOHN MAYNARD KEYNES
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.

JOHN MAYNARD KEYNES

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.
JOHN MAYNARD KEYNES

Finance Hospitality International National
Government machinery has been described as a marvelous labor saving device which enables ten men to do the work of one.

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

Description Oneself
The study of economics does not seem to require any specialised gifts of an unusually high order.

JOHN MAYNARD KEYNES

The study of economics does not seem to require any specialised gifts of an unusually high order.
JOHN MAYNARD KEYNES

Order
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.

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.
JOHN MAYNARD KEYNES

Discussion Origin
The forces of the nineteenth century have run their course and are exhausted.

JOHN MAYNARD KEYNES

The forces of the nineteenth century have run their course and are exhausted.
JOHN MAYNARD KEYNES

Exhaust
It is ideas, not vested interests, which are dangerous for good or evil.

JOHN MAYNARD KEYNES

It is ideas, not vested interests, which are dangerous for good or evil.
JOHN MAYNARD KEYNES

Dangerous

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