John Maynard Keynes Quotes About Wealth

Quotes about: Wealth

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

  John Maynard Keynes

  Money, Power, Government

  John Maynard Keynes (2016). “The Economic Consequences of the Peace”, p.121, Skyhorse Publishing, Inc.

• Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. The sight of this arbitrary rearrangement of riches strikes not only at security, but at confidence in the equity of the existing distribution of wealth.

  John Maynard Keynes

  Government, Sight, Important

  John Maynard Keynes (2011). “Essays in Persuasion”, p.77, W. W. Norton & Company

• If the Treasury were to fill old bottles with bank-notes, bury them at suitable depths in disused coal-mines which are then filled up to the surface with town rubbish, and leave it to private enterprise on well-tried principles of laissez-faire to dig the notes up again (the right to do so being obtained, of course, by tendering for leases of the note-bearing territory), there need be no more unemployment and, with the help of repercussions, the real income of the community, and its capital wealth, would probably become a good deal greater than it actually is.

  John Maynard Keynes

  Real, Filled Up, Digging A Hole

  John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.116, Atlantic Publishers & Dist

• The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.

  John Maynard Keynes

  Income, Employment, Arbitrary

  1936 The General Theory of Employment, Interest and Money.

• Pyramid-building, earthquakes, even wars may serve to increase wealth, if the education of our statesmen on the principles of the classical economics stands in the way of anything better.

  John Maynard Keynes

  War, Earthquakes, Pyramids

  John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.116, Atlantic Publishers & Dist

• When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall be able to rid ourselves of many of the pseudo-moral principles which have hag-ridden us for two hundred years, by which we have exulted some of the most distasteful of human qualities into the highest virtues.

  John Maynard Keynes

  Years, Two, Quality

  John Maynard Keynes, Royal Economic Society (Great Britain) (1972). “The collected writings of John Maynard Keynes”

• When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals.

  John Maynard Keynes

  Wise, Moral, Wealth

  John Maynard Keynes, Royal Economic Society (Great Britain) (1972). “The collected writings of John Maynard Keynes”

• By this means (fractional reserve banking) government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.

  John Maynard Keynes

  Mean, Men, People

• For my own part, I believe that there is social and psychological justification for significant inequalities of incomes and wealth.

  John Maynard Keynes

  Wisdom, Believe, Income

  John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.342, Atlantic Publishers & Dist

• The immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably.

  John Maynard Keynes

  Wisdom, War, Benefits

  John Maynard Keynes (2016). “The Economic Consequences of the Peace”, p.17, Skyhorse Publishing, Inc.

• The inhabitant of London could order by telephone, sipping his morning tea in bed, the various products of the whole earth -- he could at the same time and by the same means adventure his wealth in the natural resources and new enterprise of any quarter of the world -- he could secure forthwith, if he wished, cheap and comfortable means of transit to any country or climate without passport or other formality.

  John Maynard Keynes

  Country, Morning, Peace

• It is investment, i.e. the increased production of material wealth in the shape of capital goods, which alone increases national wealth.

  John Maynard Keynes

  Shapes, Wealth, Investment

  John Maynard Keynes (1950). “The applied theory of money”

• The destruction of the inducement to invest by an excessive liquidity-preference was the outstanding evil, the prime impediment to the growth of wealth, in the ancient and medieval worlds.

  John Maynard Keynes

  Evil, Growth, World

  John Maynard Keynes, Royal Economic Society (Great Britain) (1971). “The collected writings of John Maynard Keynes”

• It is Enterprise which build and improves the world's possessions...If Enterprise is afoot, Wealth accumulates whatever may be happening to Thrift; and if Enterprise is asleep, Wealth decays, whatever Thrift may be doing.

  John Maynard Keynes

  Decay, World, May

  1930 A Treatise on Money.

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