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John Maynard Keynes Quotes


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John Maynard Keynes
June 5, 1883 - April 21, 1946
Nationality: English
Category: Economist
Subcategory: English Economist

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

   

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

   

In the long run we are all dead.

   

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

   

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

   

The best way to destroy the capitalist system is 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.

   

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

   

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

   

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

   

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.

   

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

   

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

   

The biggest problem is not to let people accept new ideas, but to let them forget the old ones.

   

Ideas shape the course of history.

   

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

   

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

   

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

   

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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