John Maynard Keynes Quotes About Economics

Quotes about: Economics

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

  John Maynard Keynes

  Money, Power, Government

  John Maynard Keynes (2016). “The Economic Consequences of the Peace”, p.121, Skyhorse Publishing, Inc.

• Practical men who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back

  John Maynard Keynes

  Believe, Men, Air

  The General Theory of Employment, Interest and Money bk. 6, ch. 24 (1936)

• In the long run we are all dead.

  John Maynard Keynes

  Funny, Death, Running

  A Tract on Monetary Reform ch. 3 (1923)

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

  John Maynard Keynes

  Fun, Business, Men

  Attributed by Michael Albert, "Moving Forward: Programme for a Participatory Economy", (p. 128), 2000.

• It economics is a method rather than a doctrine, an apparatus of the mind, a technique of thinking which helps its possessor to draw correct conclusions.

  John Maynard Keynes

  Thinking, Mind, Doctrine

• Successful investing is anticipating the anticipations of others.

  John Maynard Keynes

  Wise, Successful, Investing

  "Isms" by Gregory Bergman, (p. 105), 2006.

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

  John Maynard Keynes

  Funny, Business, Humor

  "A Dictionary of Scientific Quotations" by Alan L. MacKay, (p. 140), 1977.

• Too large a proportion of recent "mathematical" economics are mere concoctions, as imprecise as the initial assumptions they rest on, which allow the author to lose sight of the complexities and interdependencies of the real world in a maze of pretentious and unhelpful symbols.

  John Maynard Keynes

  Real, Sight, Investing

  John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.272, Atlantic Publishers & Dist

• The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.

  John Maynard Keynes

  Justice, Political, Liberty

  John Maynard Keynes, Royal Economic Society (Great Britain) (1972). “The collected writings of John Maynard Keynes”

• Long run is a misleading guide to current affairs. In the long run we are all dead.

  John Maynard Keynes

  Running, Long, Affair

  A Tract on Monetary Reform ch. 3 (1923)

• If, however, a government refrains from regulations and allows matters to take their course, essential commodities soon attain a level of price out of the reach of all but the rich, the worthlessness of the money becomes apparent, and the fraud upon the public can be concealed no longer.

  John Maynard Keynes

  Money, Government, Deception

  John Maynard Keynes (1929). “The Economic Consequences of the Peace: The classic text on the Treaty of Versailles and post war Europe”, p.141, Harriman House Limited

• 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

• Dangerous acts can be done safely in a community which thinks and feels rightly, which would be the way to hell if they were executed by those who think and feel wrongly.

  John Maynard Keynes

  Thinking, Community, Would Be

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

• If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.

  John Maynard Keynes

  Humble, People, Would Be

  John Maynard Keynes (1952). “Essays in Persuasion”

• I'd rather be vaguely right than precisely wrong.

  John Maynard Keynes

  Economics

• Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . . Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose.

  John Maynard Keynes

  Mean, Men, Law

  John Maynard Keynes (2016). “The Economic Consequences of the Peace: The Economist”, p.124, 北戴河出版

• This long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again.

  John Maynard Keynes

  Death, Running, Ocean

  1923 A Tract on Monetary Reform.

• Words ought to be a little wild, for they are the assault of thoughts on the unthinking.

  John Maynard Keynes

  Inspirational, Business, Past

  "New Statesman and Nation" Magazine, July 15, 1933.

• The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion.

  John Maynard Keynes

  Real, Heart, Religion

  John Maynard Keynes, Royal Economic Society (Great Britain) (1972). “The collected writings of John Maynard Keynes”

• There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.

  John Maynard Keynes

  Mean, Economics, Currency

  The Economic Consequences of the Peace ch. 6 (1919).

• The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is generally understood. Indeed, the world is ruled by little else.

  John Maynard Keynes

  Powerful, Freedom, Ideas

  General Theory of Employment (1936; 1947 ed.) ch. 24

• 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.

  John Maynard Keynes

  Years, Liberty, Littles

  John Maynard Keynes (1932). “Essays in persuasion”

• I work for a Government I despise for ends I think criminal.

  John Maynard Keynes

  Thinking, Government, Criminals

  Letter to Duncan Grant, 15 Dec. 1917

• The treasury could fill old bottles with banknotes and bury them..and leave it to private enterprises on well-tried principles of laissez-faire to dig the notes up again.

  John Maynard Keynes

  Principles, Bottles, Laissez Faire

• 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”

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