John Maynard Keynes
John Maynard Keynes
John Maynard Keynes, 1st Baron Keynes, CB, FBA, was an English economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. He built on and greatly refined earlier work on the causes of business cycles, and is widely considered to be one of the most influential economists of the 20th century and the founder of modern macroeconomics. His ideas are the basis for the school of thought known as Keynesian economics and its...
NationalityEnglish
ProfessionEconomist
Date of Birth5 June 1883
John Maynard Keynes quotes about
Like all his type, Newton was wholly aloof from women.
I can't remember my telephone number, but I know it was in the high numbers.
To our generation Einstein has been made to become a double symbol - a symbol of the mind travelling in the cold regions of space, and a symbol of the brave and generous outcast, pure in heart and cheerful of spirit.
Whenever you save five shillings you put a man out of work for a day.
Everything is always decided for reasons other than the real merits of the case
Nothing can preserve the integrity of contact between individuals, except a discretionary authority in the state to revise what has become intolerable. The powers of uninterrupted usury are too great. If the accretions of vested interests were to grow without mitigation for many generations, half the population would be no better than slaves to the other half.
It is a good thing to make mistakes so long as you're found out quickly.
When somebody persuades me I am wrong, I change my mind.
It is Enterprise which build and improves the world's possessions...If Enterprise is afoot, Wealth accumulates whatever may be happening to Thrift; and if Enterprise is asleep, Wealth decays, whatever Thrift may be doing.
The Economic Problem...the problem of want and poverty and the economic struggle between classes and nations, is nothing but a frightful muddle, a transitory and unnecessary muddle.
To suggest social action for the public good to the city London is like discussing The Origin of Species to a Bishop sixty years ago.
Once we allow ourselves to be disobedient to the test of an accountant's profit, we have begun to change our civilization.
In this autumn of 1919, in which I write, we are at the dead season of our fortunes.
It is not the ownership of the instruments of production which it is important for the State to assume. If the State is able to determine the aggregate amount of resources devoted to augmenting the instruments and the basic rate of reward to those who own them, it will have accomplished all that is necessary. Moreover, the necessary measures of socialization can be introduced gradually and without a break in the general traditions of society.