“The science of public happiness was how Keynes saw his work as an economist.” — Richard Davenport-Hines Copy Share Image
Sorrow can be alleviated by good sleep, a bath and a glass of good wine. — Thomas Aquinas Copy Share Image
I fancied myself as some kind of god or an economic reformer like Keynes — George Soros Copy Share Image
Keynes was a very good economist. He was brilliant. He had wonderful insights. His work has inspired me many times. — Thomas J. Sargent Copy Share Image
“Weintraub was an excellent student of both microtheory as well as Keynes’s General Theory.” — Paul Davidson Copy Share Image
Leonard Woolf in a letter to Lytton Strachey said he hated John Maynard Keynes "for his crass stupidity and hideous face". — Leonard Woolf Copy Share Image
“As Keynes wrote, with devastating understatement, ‘The age of economic internationalism was not particularly successful in avoiding war.” — Pankaj Mishra Copy Share Image
“paraphrase economist John Maynard Keynes: reputations fare better if we are conventionally wrong than if we are unconventionally right.” — Michelle Baddeley Copy Share Image
In this autumn of 1919, in which I write, we are at the dead season of our fortunes. — John Maynard Keynes Copy Share Image
Keynes did not teach us how to perform the miracle of turning a stone into bread, but the not at all miraculous… — Ludwig von Mises Copy Share Image
If you put two economists xin a room, you get two opinions, unless one of them is Lord Keynes, in which case… — Winston Churchill Copy Share Image
In order to conquer the world of economics with his new theory, it was critical for Keynes to destroy his rivals within… — Murray Rothbard Copy Share Image
“In some ways the most striking novelty in Keynesian doctrine was that (abstracting from effects on foreign trade) an all-round reduction in… — Joan Robinson Copy Share Image
“There was a pretext, albeit slender, that might have prompted Hayek to reach out to Keynes: Keynes had succeeded Edgeworth as editor… — Nicholas Wapshott Copy Share Image
Keynes tried to show that market economies could settle in equilibrium states in which the labour market did not clear, and in… — Paul Ormerod Copy Share Image
Note for Americans and other aliens: Milton Keynes is a new city approximately halfway between London and Birmingham. It was built to… — Neil Gaiman 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
To spend this particular year reading essays to Dennis Robertson as one's supervisor, and, simultaneously, enjoying membership of the group round Keynes… — James Meade Copy Share Image
As John Maynard Keynes taught us in the 1930s, in such situations, government is the only entity with both the motive and… — Robert H. Frank 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
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
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
“Tim Kasser: ‘The heyday of humanistic psychology was in the 1960s and 1970s, when Keynes dominated. But since the rise of neo-liberalism… — James Davies Copy Share Image
Where did Keynes stand on overt fascism? From the scattered information now available, it should come as no surprise that Keynes was… — Murray Rothbard Copy Share Image
The psychology of the saver and the psychology of the investor is very closely connected with Keynes' distinction between risk and uncertainty.… — Robert Skidelsky, Baron Skidelsky 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
“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
“Keynes concluded that citizens both rich and poor would have to be led gradually out of capitalism, a base and repugnant system… — David Roth Singerman Copy Share Image
“The analysis of the /General Theory /shows that inflation is a real, not a monetary, phenomenon. It operates in two stages (once… — Joan Robinson Copy Share Image
“Sometime in the early 1920s, Keynes outlined a book he planned to call “Essays on the Economic Future of the World” (figure… — David Roth Singerman Copy Share Image
“The individualist insists that drastic depressions are the result of credit inflation; (not excessive savings, as the Keynesians would have it) which… — William F. Buckley Jr Copy Share Image
“In the conditions of this “New World Order,” a crucial part of the contemporary world economy is a criminal economy, in which… — Todor Bombov Copy Share Image
“Economists who simply advised leaving the economy alone, governments whose first instincts, apart from protecting the gold standard by deflationary policies, was… — Eric J. Hobsbawm Copy Share Image
“Keynes had been appointed to the board of the National Mutual, one of the oldest institutions in the city, in 1919.107 He… — Allen C. Benello 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 difficulty lies, not in the new ideas,” John Maynard Keynes famously observed, “but in escaping from the old ones.” — Philip K. Howard Copy Share Image
“At present", Keynes said in 1926, "everything is politics, and nothing policies.” — Richard Davenport-Hines Copy Share Image
“He never sat an examination in economics: his knowledge came from pondering problems and discussing them as much as from book-learning.” — Richard Davenport-Hines Copy Share Image
![“In some ways the most striking novelty in Keynesian doctrine was that (abstracting from effects on foreign trade) an all-round reduction in wages would not reduce unemployment and (introducing Kalecki’s elaboration) would actually be likely to increase it. [p. 129]” quote by Joan Robinson](https://sms4smile.com/quotes/i/e9b/joan-robinson-11438_keynes_in-some-ways-the-most-striking-novelty-i_628471.png)
![“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/i/acb/joan-robinson-11438_effective-demand_in-the-last-chapter-of-the-general-theor_783949.png)
