John Maynard Keynes - Quotes

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The difficulty lies not so much in developing new ideas as in escaping from old ones.

The difficulty lies not so much in developing new ideas as in escaping from old ones.

The avoidance of taxes is the only intellectual pursuit that still carries any reward.

The avoidance of taxes is the only intellectual pursuit that still carries any reward.

Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone. ---->>>

Long run is a misleading guide to current affairs. In the long run we are all dead. ---->>>

Successful investing is anticipating the anticipations of others. ---->>>

Education: the inculcation of the incomprehensible into the indifferent by the incompetent.

Education: the inculcation of the incomprehensible into the indifferent by the incompetent.

There is no harm in being sometimes wrong - especially if one is promptly found out. ---->>>

Americans are apt to be unduly interested in discovering what average opinion believes average opinion to be. ---->>>

The importance of money flows from it being a link between the present and the future.

The importance of money flows from it being a link between the present and the future.

The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future. ---->>>

Most men love money and security more, and creation and construction less, as they get older.

Most men love money and security more, and creation and construction less, as they get older.

If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid. ---->>>

I do not know which makes a man more conservative - to know nothing but the present, or nothing but the past. ---->>>

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

Ideas shape the course of history.

Ideas shape the course of history.

In the long run we are all dead.

In the long run we are all dead.

It would not be foolish to contemplate the possibility of a far greater progress still. ---->>>

For at least another hundred years we must pretend to ourselves and to every one that fair is foul and foul is fair; for foul is useful and fair is not. Avarice and usury and precaution must be our gods for a little longer still. ---->>>

The disruptive powers of excessive national fecundity may have played a greater part in bursting the bonds of convention than either the power of ideas or the errors of autocracy. ---->>>

Words ought to be a little wild, for they are the assaults of thoughts on the unthinking. ---->>>

The decadent international but individualistic capitalism in the hands of which we found ourselves after the war is not a success. It is not intelligent. It is not beautiful. It is not just. It is not virtuous. And it doesn't deliver the goods. ---->>>

Nothing mattered except states of mind, chiefly our own. ---->>>

A study of the history of opinion is a necessary preliminary to the emancipation of the mind. ---->>>

The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion.

The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion.

It is ideas, not vested interests, which are dangerous for good or evil. ---->>>

I work for a Government I despise for ends I think criminal. ---->>>

Like Odysseus, the President looked wiser when he was seated. ---->>>

Biography

Nationality: English
Born: June 5, 1883
Birthplace: Cambridge, Cambridgeshire, England
Die: 04-21, 1946
Occupation: Economist
Website:

John Maynard Keynes, 1st Baron Keynes CB FBA ( KAYNZ; 5 June 1883 – 21 April 1946), was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. He built on and greatly refined earlier work on the causes of business cycles, and is widely considered to be one of the most influential economists of the 20th century and the founder of modern macroeconomics (wikipedia)