Government machinery has been described as a marvelous labor saving device which enables ten men to do the work of one. — John Maynard Keynes Copy Share Image
The important thing for Government is not to do things which individuals are doing already, and to do them a little better… — John Maynard Keynes Copy Share Image
One blames politicians, not for inconsistency but for obstinacy. They are the interpreters, not the masters, of our fate. It is their… — John Maynard Keynes Copy Share Image
By this means (fractional reserve banking) government may secretly and unobserved, confiscate the wealth of the people, and not one man in… — John Maynard Keynes Copy Share Image
All the political parties alike have their origins in past ideas and not in new ideas and none more conspicuously so than… — John Maynard Keynes Copy Share Image
Should government refrain from regulation (taxation), the worthlessness of the money becomes apparent and the fraud can no longer be concealed. — John Maynard Keynes Copy Share Image
“By this means the government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million… — John Maynard Keynes Copy Share Image
The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate,… — John Maynard Keynes Copy Share Image
The immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the… — John Maynard Keynes Copy Share Image
Businessmen have a different set of delusions from politicians; and need, therefore, different handling. They are, however, much milder than politicians, at… — John Maynard Keynes Copy Share Image
“I sympathize, therefore, with those who would minimize, rather than with those who would maximize, economic entanglement among nations. Ideas, knowledge, science,… — John Maynard Keynes Copy Share Image
...By combining a popular hatred of the class of entrepreneurs with the blow already given to social security by the violent and… — John Maynard Keynes Copy Share Image
It is preferable to regard labour, including, of course, the personal services of the entrepreneur, and his assistants, as the sole factor… — John Maynard Keynes Copy Share Image
If, however, a government refrains from regulations and allows matters to take their course, essential commodities soon attain a level of price… — John Maynard Keynes Copy Share Image
“Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist. ...… — John Maynard Keynes Copy Share Image
“the ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is… — John Maynard Keynes Copy Share Image
It is not the ownership of the instruments of production which it is important for the State to assume. If the State… — John Maynard Keynes Copy Share Image
I see, therefore, the rentier aspect of capitalism as a transitional phase which will disappear when it has done its work. And… — John Maynard Keynes Copy Share Image
Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a… — John Maynard Keynes Copy Share Image
The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty. — John Maynard Keynes Copy Share Image
For my own part, I believe that there is social and psychological justification for significant inequalities of incomes and wealth. — John Maynard Keynes Copy Share Image
By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens. — John Maynard Keynes Copy Share Image
Gold is a relic from a time when government's were less trustworthy in these matters (currency debasement) than they are now. — John Maynard Keynes Copy Share Image
The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is… — John Maynard Keynes Copy Share Image
The introduction of a substantial Government transfer tax on all transactions might prove the most serviceable reform available,with a view to mitigating… — John Maynard Keynes Copy Share Image
Once we allow ourselves to be disobedient to the test of an accountant's profit, we have begun to change our civilization. — John Maynard Keynes Copy Share
If you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at… — John Maynard Keynes Copy Share
There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. — John Maynard Keynes Copy Share
It has been pointed out already that no knowledge of probabilities, less in degree than certainty, helps us to know what conclusions are true,… — John Maynard Keynes Copy Share
Everything is always decided for reasons other than the real merits of the case — John Maynard Keynes Copy Share
The power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas — John Maynard Keynes Copy Share
It is a good thing to make mistakes so long as you're found out quickly. — John Maynard Keynes Copy Share
When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall… — John Maynard Keynes Copy Share
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… — John Maynard Keynes Copy Share
The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable… — John Maynard Keynes Copy Share
I conceive, therefore, that a somewhat comprehensive socialisation of investment will prove the means of securing an approximation to full employment. — John Maynard Keynes Copy Share
Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone. — John Maynard Keynes Copy Share
Whenever you save five shillings you put a man out of work for a day. — John Maynard Keynes Copy Share
