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
He had one illusion - France; and one disillusion - mankind, including Frenchmen. — John Maynard Keynes Copy Share Image
It is astonishing what foolish things one can temporarily believe if one thinks too long alone, particularly in economics. — John Maynard Keynes Copy Share Image
There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. — John Maynard Keynes Copy Share Image
Economic privation proceeds by easy stages, and so long as men suffer it patiently the outside world cares little. — 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
What an extraordinary episode in the economic progress of man was that age which came to an end in August 1914. — John Maynard Keynes Copy Share Image
“With the breakdown of money economy the practice of international barter is becoming prevalent.” — 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
If I am right in supposing it to be comparatively easy to make capital-goods so abundant that the marginal efficiency of capital… — John Maynard Keynes Copy Share Image
Economists must leave to Adam Smith alone the glory of the Quarto, must pluck the day, fling pamphlets into the wind, write… — John Maynard Keynes Copy Share Image
If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid. — John Maynard Keynes Copy Share Image
Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of… — John Maynard Keynes Copy Share Image
Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good… — John Maynard Keynes Copy Share Image
Pyramid-building, earthquakes, even wars may serve to increase wealth, if the education of our statesmen on the principles of the classical economics… — John Maynard Keynes Copy Share Image
This long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too… — 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 inhabitant of London could order by telephone, sipping his morning tea in bed, the various products of the whole earth --… — 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
Too large a proportion of recent "mathematical" economics are mere concoctions, as imprecise as the initial assumptions they rest on, which allow… — John Maynard Keynes Copy Share Image
Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . .… — 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
Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to… — John Maynard Keynes Copy Share Image
Those, who are strongly wedded to what I shall call 'the classical theory', will fluctuate, I expect, between a belief that I… — John Maynard Keynes Copy Share Image
“The war has ended with every one owing every one else immense sums of money. Germany owes a large sum to the… — John Maynard Keynes Copy Share Image
What an extraordinary episode in the economic progress of man that age was which came to an end in August, 1914! — John Maynard Keynes Copy Share Image
The study of economics does not seem to require any specialised gifts of an unusually high order. — John Maynard Keynes Copy Share Image
“I find economics increasingly satisfactory, and I think I am rather good at it. I want to manage a railroad or organise… — John Maynard Keynes Copy Share Image
I think that Capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in… — John Maynard Keynes Copy Share Image
“Our attitude to these criticisms must be determined by our whole moral and emotional reaction to the future of international relations and… — John Maynard Keynes Copy Share Image
“Capitalism is the extraordinary belief that the nastiest of men for the nastiest of motives will somehow work together for the benefit… — John Maynard Keynes Copy Share Image
The Economic Problem...the problem of want and poverty and the economic struggle between classes and nations, is nothing but a frightful muddle,… — John Maynard Keynes Copy Share Image
I believe myself to be writing a book on economic theory which will largely revolutionize - not, I suppose, at once but… — 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
Dangerous acts can be done safely in a community which thinks and feels rightly, which would be the way to hell if… — John Maynard Keynes Copy Share Image
The treasury could fill old bottles with banknotes and bury them..and leave it to private enterprises on well-tried principles of laissez-faire to… — John Maynard Keynes Copy Share Image
It economics is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its possessor… — 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 Image
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 Image
There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. — John Maynard Keynes Copy Share Image
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 Image
Everything is always decided for reasons other than the real merits of the case — John Maynard Keynes Copy Share Image
The power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas — John Maynard Keynes Copy Share Image
It is a good thing to make mistakes so long as you're found out quickly. — John Maynard Keynes Copy Share Image
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 Image
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 Image
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 Image
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 Image
