John Maynard Keynes

British economist

Lived from: 1883-1946

Category: Economists and businessmen

Quotes: John Maynard Keynes

Quotes 1 till 15 of 40.

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    A study of the history of opinion is a necessary preliminary to the emancipation of the mind.
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    America must not be allowed to pick out the eyes of the British Empire.
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    Americans are apt to be unduly interested in discovering what average opinion believes average opinion to be...
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    But whilst there may be intrinsic reasons for the scarcity of land, there are no intrinsic reasons for the scarcity of capital.
    Source: The General Theory of Employment, Interest, and Money (1936) Chap.XXIV
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    But, soon or late, it is ideas, not vested interests, which are dangerous for good or evil.
    Source: The General Theory of Employment, Interest and Money (1936) ch. 24
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    Capitalism is the astonishing belief that the nastiest motives of the nastiest men somehow or other work for the best results in the best of all possible worlds.
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    Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.
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    England still stands outside Europe. Europe's voiceless tremors do not reach her. Europe is apart and England is not of her flesh and body. But Europe is solid with herself.
    Source: The Economic Consequences of the Peace (1920)
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    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.
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    I do not know which makes a man more conservative - to know nothing but the present, or nothing but the past.
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    If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.
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    If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.
    Source: The Economist (13 February 1982), p. 11
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    In the long run we are all dead.
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    John Maynard Keynes
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    In the long run, we are all dead.
    Source: A Tract on Monetary Reform (1923) Ch.3
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    In truth, the gold standard is already a barbarous relic.
    Source: Monetary Reform (1924) , p. 172
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