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John Maynard Keynes Quotes

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Of the maxims of orthodox finance none, surely, is more anti-social than the fetish of liquidity, the doctrine of that it is a positive virtue on the part of investment institutions to concentrate their resources upon the holding of ‘liquid’ securities. It forgets that there is no such thing as liquidity of investment for the community as a whole.  (John Maynard Keynes Quotes) It is better that a man should tyrannize over his bank balance than over his fellow-citizens and whilst the former is sometimes denounced as being but a means to the latter, sometimes at least it is an alternative.  (John Maynard Keynes Quotes) There is no harm in being sometimes wrong - especially if one is promptly found out  (John Maynard Keynes Quotes) An investor who proposes to ignore near-term market fluctuations needs greater resources for safety and must not operate on so large a scale, if at all, with borrowed money.  (John Maynard Keynes Quotes) 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 Quotes) The principle objectives in life are love, the creation and enjoyment if aesthetic experience, the pursuit of knowledge. Love comes a long way first.  (John Maynard Keynes Quotes) 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 Quotes) But the dreams of designing diplomats do not always prosper, and we must trust the future .  (John Maynard Keynes Quotes) ...By combining a popular hatred of the class of entrepreneurs with the blow already given to social security by the violent and arbitrary disturbance of contract,... governments are fast rendering impossible a continuance of the social and economic order of the nineteenth century.  (John Maynard Keynes Quotes) Capitalism is the extraordinary belief that the nastiest of men for the nastiest of motives will somehow work together for the benefit of all.  (John Maynard Keynes Quotes) I conceive, therefore, that a somewhat comprehensive socialisation of investment will prove the means of securing an approximation to full employment.  (John Maynard Keynes Quotes) It’s not bringing in the new ideas that’s so hard; it’s getting rid of the old ones  (John Maynard Keynes Quotes) Should government refrain from regulation (taxation), the worthlessness of the money becomes apparent and the fraud can no longer be concealed.  (John Maynard Keynes Quotes) Education: the inculcation of the incomprehensible into the indifferent by the incompetent  (John Maynard Keynes Quotes) The market can stay irrational longer than you can stay solvent  (John Maynard Keynes Quotes) The forces of the nineteenth century have run their course and are exhausted  (John Maynard Keynes Quotes) The next move is with the head, and fists must wait  (John Maynard Keynes Quotes) There were endless possibilities, not out of reach  (John Maynard Keynes Quotes) The atomic hypothesis which had worked so splendidly in Physics breaks down in Physics  (John Maynard Keynes Quotes) Logic, like lyrical poetry, is no employment for the middle aged  (John Maynard Keynes Quotes) I don't feel the least humble before the vastness of the heavens  (John Maynard Keynes Quotes) All production is for the purpose of ultimately satisfying a consumer  (John Maynard Keynes Quotes) Obstinacy can bring only a penalty and no reward  (John Maynard Keynes Quotes) We are, as I have said, one equation short  (John Maynard Keynes Quotes) Once doubt begins it spreads rapidly  (John Maynard Keynes Quotes) The idea behind stamped money is sound  (John Maynard Keynes Quotes) It is ideas, not vested interests, which are dangerous for good or evil  (John Maynard Keynes Quotes) It would not be foolish to contemplate the possibility of a far greater progress still  (John Maynard Keynes Quotes) The avoidance of taxes is the only intellectual pursuit that still carries any reward  (John Maynard Keynes Quotes) The power to become habituated to his surroundings is a marked characteristic of mankind  (John Maynard Keynes Quotes)
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