John Maynard Keynes Quotes - Page 6

Quotes about:

Galton's eccentric, sceptical, observing, flashing, cavalry-leader type of mind led him eventually to become the founder of the most important, significant and, I would add, genuine branch of sociology which exists, namely eugenics.

John Maynard Keynes

Eugenics, Leader, Mind

6 Copy quote
I find myself more and more relying for a solution of our problems on the invisible hand which I tried to eject from economic thinking twenty years ago.

John Maynard Keynes

Thinking, Hands, Years

9 Copy quote
Americans are apt to be unduly interested in discovering what average opinion believes average opinion to be.

John Maynard Keynes

Believe, Average, America

John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.142, Atlantic Publishers & Dist

11 Copy quote
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 virtue on the part of investment institutions to concentrate their resources upon the holding of 'liquid' securities. It forgets that there is no such thing as liquidity of investment for the community as a whole.

John Maynard Keynes

Community, Liquid, Doctrine

John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.139, Atlantic Publishers & Dist

10 Copy quote
To our generation Einstein has been made to become a double symbol - a symbol of the mind travelling in the cold regions of space, and a symbol of the brave and generous outcast, pure in
heart and cheerful of spirit.

John Maynard Keynes

Heart, Our Generation, Space

"The Collected Writings of John Maynard Keynes". Book by John Maynard Keynes, Cambridge University Press, volume xxviii, 1998.

4 Copy quote
A study of the history of opinion is a necessary preliminary to the emancipation of the mind.

John Maynard Keynes

History, Mind, Opinion

End of Laissez-Faire (1926) pt. 1

13 Copy quote
It is preferable to regard labour, including, of course, the personal services of the entrepreneur, and his assistants, as the sole factor of production, operating in a given environment of technique, natural resources, capital equipment and effective demand. This is why we have been able to take labour as the sole physical unit which we require in our economic system, apart from units of money and of time.

John Maynard Keynes

Entrepreneur, Technique, Demand

John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.193, Atlantic Publishers & Dist

7 Copy quote
If human nature felt no temptation to take a chance there might not be much investment merely as a result of cold calculation.

John Maynard Keynes

Business, Temptation, Might

John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.135, Atlantic Publishers & Dist

4 Copy quote
If I am right in supposing it to be comparatively easy to make capital-goods so abundant that the marginal efficiency of capital is zero, this may be the most sensible way of gradually getting rid of many of the objectionable features of capitalism.

John Maynard Keynes

Zero, Supposing That, May

John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.199, Atlantic Publishers & Dist

10 Copy quote
The book, as it stands, seems to me to be one of the most frightful muddles I have ever read, with scarcely a sound proposition in it beginning with page 45 [Hayek provided historical background up to page 45; after that came his theoretical model], and yet it remains a book of some interest, which is likely to leave its mark on the mind of the reader. It is an extraordinary example of how, starting with a mistake, a remorseless logician can end up in bedlam.

John Maynard Keynes

Mistake, Book, Historical

John Maynard Keynes, Royal Economic Society (Great Britain) (1971). “The Collected Writings of John Maynard Keynes: The general theory and after: pt. 1, Preparation”

19 Copy quote
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

11 Copy quote
Professional investment may be likened to those newspaper competitions in which the competitors have to pick out the six prettiest faces from a hundred photographs, the prize being awarded to the competitor whose choice most nearly corresponds to the average preferences of the competitors as a whole.

John Maynard Keynes

Average, Choices, Competition

John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.140, Atlantic Publishers & Dist

8 Copy quote
Never in history was there a method devised of such efficacy for setting each country's advantage at variance with its neighbours' as the international gold (or, formerly, silver) standard.

John Maynard Keynes

Country, Gold, Investing

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

7 Copy quote
Businessmen have a different set of delusions from politicians; and need, therefore, different handling. They are, however, much milder than politicians, at the same time allured and terrified by the glare of publicity....You could do anything you like with them, if you would treat them (even the big ones) not as wolves and tigers, but as domestic animals by nature, even though they have been badly brought up and not trained as you would wish.

John Maynard Keynes

Animal, Wish, Different

17 Copy quote
One's knowledge and experience are definitely limited and there are seldom more than two or three enterprises at any given time in which I personally feel myself entitled to put full confidence.

John Maynard Keynes

Two, Three, Investing

10 Copy quote
Morally and philosophically I find myself in agreement with virtually the whole of it: and not only in agreement with it, but in deeply moved agreement.

John Maynard Keynes

Philosophy, Book, Agreement

"The Collected Writings of John Maynard Keynes". Book by John Maynard Keynes, 1980.

6 Copy quote
But my lord, when we addressed this issue a few years ago, didn't you argue the other side?" He said, "That's true, but when I get more evidence I sometimes change my mind. What do you do?

John Maynard Keynes

Years, Issues, Mind

7 Copy quote
When I find new information I change my mind; What do you do?

John Maynard Keynes

Mind, Information, New Information

15 Copy quote
The Economic Problem...the problem of want and poverty and the economic struggle between classes and nations, is nothing but a frightful muddle, a transitory and unnecessary muddle.

John Maynard Keynes

Struggle, Class, Want

9 Copy quote
The considerations upon which expectations of prospective yields are based are partly existing facts which we can assume to be known more or less for certain, and partly future events which can only be forecasted with more or less confidence.

John Maynard Keynes

Yield, Expectations, Investing

John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.132, Atlantic Publishers & Dist

11 Copy quote
But whilst there may be intrinsic reasons for the scarcity of land, there are no intrinsic reasons for the scarcity of capital.

John Maynard Keynes

Land, Scarcity, May

Thorstein Veblen, Richard Henry Tawney, John Maynard Keynes (1990). “Thorstein Veblen, R.H. Tawney, John Maynard Keynes”

15 Copy quote
It is better that a man should tyrannize over his bank balance than over his fellow-citizens and whilst the former is sometimes denounced as being but a means to the latter, sometimes at least it is an alternative.

John Maynard Keynes

Money, Mean, Men

7 Copy quote
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”

9 Copy quote
Ideas, knowledge, art, hospitality, travel - these are things which should in their nature be international. But let goods be homespun whenever it is reasonably and conveniently possible and above all let finance be primarily national.

John Maynard Keynes

Letting Go, Art, Business

John Maynard Keynes (1982). “Activities 1931-1939: world crises and policies in Britain and America”

10 Copy quote
The introduction of a substantial Government transfer tax on all transactions might prove the most serviceable reform available,with a view to mitigating the predominance of speculation in the United States.

John Maynard Keynes

Government, Views, United States

John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.143, Atlantic Publishers & Dist

7 Copy quote

You May Also Like:

Friedrich August von Hayek

Milton Friedman

Karl Marx

Joseph A. Schumpeter

Alfred Marshall

John Maynard Keynes

Follow

Born: June 5, 1883
Died: April 21, 1946
Occupation: Economist
Cite this Page: Citation

Popular Topics