Best 30+ John Maynard Keynes Messages, Quotes, and Images
When the final result is expected to be a compromise, it is often prudent to start from an extreme position.
Whenever you save five shillings you put a man out of work for a day.
It is the duty of the long-term investor to endure great losses with equanimity.
It's not bringing in the new ideas that are so hard; it's getting rid of the old ones.
... a speculator is one who runs risks of which he is aware and an investor is one who runs risks of which he is unaware.
Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.
If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.
All production is for the purpose of ultimately satisfying a consumer.
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.
The difficulty lies, not in the new ideas, but in escaping the old ones, which ramify, for those brought up as most of us have been, into every corner of our minds.
America's greatest contribution to the world is its concept of democracy, its concept of freedom, freedom of action, freedom of speech, and freedom of thought.