When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done
When the facts change, I change my mind. - John Maynard Keynes
When the facts change, I change my mind.
- John Maynard Keynes
The biggest problem is not to let people accept new ideas, but to let them forget the old ones. - John Maynard Keynes
The biggest problem is not to let people accept new ideas, but to let them forget the old ones.
The markets are moved by animal spirits, and not by reason. - John Maynard Keynes
The markets are moved by animal spirits, and not by reason.
Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all. - John Maynard Keynes
Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all.
Long run is a misleading guide to current affairs. In the long run we are all dead. - John Maynard Keynes
Long run is a misleading guide to current affairs. In the long run we are all dead.
The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty. - John Maynard Keynes
The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.
Markets can remain irrational longer than you can remain solvent. - John Maynard Keynes
Markets can remain irrational longer than you can remain solvent.
It is better to be roughly right than precisely wrong. - John Maynard Keynes
It is better to be roughly right than precisely wrong.
Education: the inculcation of the incomprehensible into the indifferent by the incompetent. - John Maynard Keynes
Education: the inculcation of the incomprehensible into the indifferent by the incompetent.
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