If you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he… — John Maynard Keynes Copy Share Image
It is Enterprise which build and improves the world's possessions...If Enterprise is afoot, Wealth accumulates whatever may be happening to Thrift; and… — 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
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
Nevertheless, if we contemplate a society with a somewhat stable wage-unit, with national characteristics which determine the propensity to consume and the… — John Maynard Keynes Copy Share Image
An investor who proposes to ignore near-term market fluctuations needs greater resources for safety and must not operate on so large a… — John Maynard Keynes Copy Share Image
The central principle of investment is to go contrary to the general opinion, on the grounds that if everyone agreed about its… — John Maynard Keynes Copy Share Image
It is the long term investor who will in practice come in for the most criticism. For it is the essence of… — John Maynard Keynes Copy Share Image
The principle objectives in life are love, the creation and enjoyment if aesthetic experience, the pursuit of knowledge. Love comes a long… — 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
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
If we consistently act on the optimistic hypothesis, this hypothesis will tend to be realised; whilst by acting on the pessimistic hypothesis… — John Maynard Keynes Copy Share Image
The power to become habituated to his surroundings and therefore to no longer be grateful for what is good in it is… — John Maynard Keynes Copy Share Image
The friends of gold will have to be extremely wise and moderate if they are to avoid a revolution. — John Maynard Keynes Copy Share Image
Nothing can preserve the integrity of contact between individuals, except a discretionary authority in the state to revise what has become intolerable.… — John Maynard Keynes Copy Share Image
If farming were to be organised like the stock market, a farmer would sell his farm in the morning when it was… — 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
Canada is a place of infinite promise. We like the people, and if one ever had to emigrate, this would be the… — 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
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, 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
If human nature felt no temptation to take a chance there might not be much investment merely as a result of cold… — John Maynard Keynes Copy Share Image
If we aim deliberately at the impoverishment of Central Europe, vengeance, I dare predict, will not limp. — 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 the Treasury were to fill old bottles with bank-notes, bury them at suitable depths in disused coal-mines which are then filled… — 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
