The considerations upon which expectations of prospective yields are based are partly existing facts which we can assume to be known more or less for certain, and partly future events which can only be forecasted with more or less confidence.
JOHN MAYNARD KEYNESIt is ideas, not vested interests, which are dangerous for good or evil.
More John Maynard Keynes Quotes
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The numeric system was invented to help man to put order in the chaos of the world.
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To our generation Einstein has been made to become a double symbol – a symbol of the mind travelling in the cold regions of space, and a symbol of the brave and generous outcast, pure in heart and cheerful of spirit.
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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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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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The forces of the nineteenth century have run their course and are exhausted.
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It’s not bringing in the new ideas that’s so hard; it’s getting rid of the old ones.
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How long will it be necessary to pay City men so entirely out of proportion to what other servants of society commonly receive for performing social services not less useful or difficult?
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The love of money as a possession. Will be recognised for what it is, a somewhat disgusting morbidity.
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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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Most men love money and security more, and creation and construction less, as they get older.
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It is a good thing to make mistakes so long as you’re found out quickly.
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I am myself impressed by the great social advantages of increasing the stock of capital until it ceases to be scarce.
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I work for a Government I despise for ends I think criminal.
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Chess is a cure for headaches.
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It is the long-term investor, who will in practice come in for the most criticism… For it is the essence of his behavior that he should be eccentric, unconventional, and rash in the eyes of average opinion.
JOHN MAYNARD KEYNES