Speculators may do no harm as bubbles on a steady stream of enterprise. But the position is serious when enterprise becomes a… — 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
When the final result is expected to be a compromise, it is often prudent to start from an extreme position. — John Maynard Keynes Copy Share Image
The old saying holds. Owe your banker �1000 and you are at his mercy; owe him �1 million and the position is reversed. — John Maynard Keynes Copy Share Image
Well, when I get new information, I rethink my position. What, sir, do you do with new information? — 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
