Keynes, far from being a wholehearted lover of freedom, viewed with some sympathy the fascist and Communist ‘experiments’ of the 1930s. — Ralph Raico Copy Share Image
“Experiment and reason, tempered by intuition, were to him preferable to solid plodding in the well-trodden paths of experience.” — Richard Davenport-Hines Copy Share Image
“When the facts change, I change my mind,” the economist John Maynard Keynes famously said. “What do you do, sir?” — Nate Silver Copy Share Image
The major reason for Keynes's rejection of communism was simply that he could scarcely identify with the grubby proletariat. — Murray Rothbard Copy Share Image
In 1936, John Maynard Keynes predicted the 'euthanasia of the rentier' before the end of the 20th century. It did not happen. — Guy Standing Copy Share Image
When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be… — John Maynard Keynes Copy Share Image
“A sound banker is not one who foresees danger and avoids it,” wrote John Maynard Keynes, “but one who, when he is… — Anonymous Copy Share Image
I do not regard the Keynesian revolution as a great intellectual triumph. On the contrary, it was a tragedy because it came… — Joan Robinson Copy Share Image
“Socialism is not a competition; it is not a monopoly, either. Socialism is not a private property; it is not a state… — Todor Bombov 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
There is an unearthly, mystical element in Friedman's thought. The mere existence of a stock of money somehow promotes expenditure. But insofar… — Joan Robinson Copy Share Image
“John Maynard Keynes, the great British economist, died in 1946. But his ghost lives on. When economies around the world contracted sharply… — Alan S. Blinder Copy Share Image
Keynes vs Hayek? Friedman vs Krugman? Those are the wrong intellectual debates. Its you vs. Tony Hayward, BP CEO, You vs. Lloyd… — Barry Ritholtz Copy Share Image
I've been a faithful reader of the great classical documents of economics, or tried to be. The first book in the field… — John Kenneth Galbraith Copy Share Image
Capital movements are no longer necessarily related to the production of goods and services. Through the financial markets of the world, capital… — Eric Kierans Copy Share Image
Keynes was a great economist. In every discipline, progress comes from people who make hypotheses, most of which turn out to be… — Milton Friedman Copy Share Image
“After the war, when the problem of deficient effective demand seemed to have faded into the background, a fresh question came to… — Joan Robinson Copy Share Image
One of the most important skills of the economist, therefore, is that of simplification of the model. Two important methods of simplification… — Kenneth E. Boulding Copy Share Image
“There are men regarded today as brilliant economists, who deprecate saving and recommend squandering on a national scale as the way of… — Henry Hazlitt Copy Share Image
It had been held that the economic system, any capitalist system, found its equilibrium at full employment. Left to itself, it was… — John Kenneth Galbraith Copy Share Image
Friedrich Hayek, who died on March 23, 1992 at age 92, was arguably the greatest social scientist of the twentieth century. By… — Julian Simon Copy Share Image
Fossil fuel is very seductive stuff. [John Maynard] Keynes once said that, as far as he could tell, the average standard of… — Bill McKibben Copy Share Image
“There was frequently a moral lesson lurking just below the surface in Hayek’s accounts, usually having to do with Keynes’s overweening self-… — Bruce Caldwell Copy Share Image
“In the last chapter of the /General Theory, /quoted above,^35 he [Keynes] falls into the fallacy of supposing that there is some… — Joan Robinson Copy Share Image
“The master-economist must possess a rare combination of gifts. He must reach a high standard in several different directions and must combine… — John Maynard Keynes Copy Share Image
“The /utility /economists, according to Wicksell, were committed to a “thoroughly revolutionary programme” precisely on this question of distribution of income.^9 Marshall,… — Joan Robinson Copy Share Image
Attempting mischievous and salutary irritation of his peers ... Keynes may only succeed in becoming an academic idol of our worst cranks… — Henry Calvert Simons Copy Share Image
Keynes was scarcely a 'revolutionary' in any real sense. He possessed the tactical wit to dress up ancient statist and inflationist fallacies… — Murray Rothbard Copy Share Image
“Keynes declared capitalism the best system ever devised to achieve a civilized economic society. But he recognized in it two major faults—“its… — Robert B. Reich Copy Share Image
Notwithstanding all the passionate fulminations of the spokesmen of governments, the inevitable consequences of inflationism and expansionism...are coming to pass. And then,… — Ludwig von Mises Copy Share Image
There's no automatic mechanism in a market system that reconciles the desire to save and the desire to invest. And therefore, the… — Robert Skidelsky, Baron Skidelsky Copy Share Image
In Europe and the United States the two decades following the Second World War will for long be remembered as a very… — John Kenneth Galbraith Copy Share Image
In the Western world, countries that were once the crucible of freedom are slipping remorselessly into a thinly disguised serfdom in which… — Mark Steyn Copy Share Image
“Keynes died in 1946, exhausted by his wartime efforts. But he had long since demonstrated that neither capitalism nor liberalism would survive… — Tony Judt Copy Share Image
“Chambers et al. conclude that Keynes had no skill as a market timer. By then, however, the man who had started out… — Allen C. Benello Copy Share Image
Wicksell's old-fashioned liberalism is reminiscent of John Maynard Keynes' attitude toward conscription during World War I. Keynes opposed conscription, but he was… — Mancur Olson Copy Share Image
Only someone as puffed up and demented as John Maynard Keynes, every left wing fascist's sainted mentor in this connection, could manage… — L. Neil Smith Copy Share Image
“But if America recalls for a moment what Europe has meant to her and still means to her, what Europe, the mother… — John Maynard Keynes Copy Share Image
“Even after the Allies emerged triumphant in 1945, these concerns were not forgotten: depression and fascism remained ever-present in men's minds. The… — Tony Judt Copy Share Image
“In Keynes’s time, physicists were first grappling with the concept of quantum mechanics, which, among other things, imagined a cosmos governed by… — Peter D. Schiff Copy Share Image
![“Fossil fuel is very seductive stuff. [John Maynard] Keynes once said that, as far as he could tell, the average standard of living from the beginning of human history to the middle of the eighteenth century had perhaps doubled. Not much had changed, and then we found coal and gas and oil and…” quote by Bill McKibben](https://sms4smile.com/quotes/img-quotes/b54/bill-mckibben-1057_average_fossil-fuel-is-very-seductive-stuff-john_2619536.jpg)
![“In the last chapter of the /General Theory, /quoted above,^35 he [Keynes] falls into the fallacy of supposing that there is some kind of /neutral /policy that a Government can pursue, to maintain effective demand in general, without having any influence upon any particular demand for anything. The…” quote by Joan Robinson](https://sms4smile.com/quotes/img-quotes/acb/joan-robinson-11438_effective-demand_in-the-last-chapter-of-the-general-theor_783949.jpg)
