A conventional valuation which is established as the outcome of the mass psychology of a large number of ignorant individuals is liable… — John Maynard Keynes Copy Share Image
Morally and philosophically I find myself in agreement with virtually the whole of it: and not only in agreement with it, but… — John Maynard Keynes Copy Share Image
Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to… — 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
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
I feel no shame at being found still owning a share when the bottom of the market comes…I would go much further… — John Maynard Keynes Copy Share Image
Unlike physics, for example, such parts of the bare bones of economic theory as are expressible in mathematical form are extremely easy… — 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
