Of the maxims of orthodox finance none, surely, is more anti-social than the fetish of liquidity, the doctrine of that it is… — 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
“If human nature felt no temptation to take a chance, no satisfaction (profit apart) in constructing a factory, a railway, a mine… — John Maynard Keynes Copy Share Image
As time goes on, I get more and more convinced that the right method of investment is to put fairly large sums… — John Maynard Keynes Copy Share Image
Investment based on genuine long-term expectations is so difficult today as to be scarcely practicable. — 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
There is nothing so disastrous as a rational investment policy in an irrational world. — John Maynard Keynes Copy Share Image
It is investment, i.e. the increased production of material wealth in the shape of capital goods, which alone increases national wealth. — John Maynard Keynes Copy Share Image
It is impossible that the intention of the entrepreneur who has borrowed in order to increase investment can become effective (except in… — John Maynard Keynes Copy Share Image
I expect to see the State, which is in a position to calculate the marginal efficiency of capital-goods on long views and… — John Maynard Keynes Copy Share Image
Professional investment may be likened to those newspaper competitions in which the competitors have to pick out the six prettiest faces from… — John Maynard Keynes Copy Share Image
The spectacle of modern investment markets has sometimes moved me towards the conclusion that to make the purchase of an investment permanent… — John Maynard Keynes Copy Share Image
As time goes on, I get more and more convinced that the right method in investment is to put fairly large sums… — 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
To suppose that safety-first consists in having a small gamble in a large number of different companies where I have no information… — John Maynard Keynes Copy Share Image
The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future. — 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