John Maynard
John Maynard
years liberty littles
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.
pregnancy intelligent mind
Nothing mattered except states of mind, chiefly our own.
history mind opinion
A study of the history of opinion is a necessary preliminary to the emancipation of the mind.
believe average america
Americans are apt to be unduly interested in discovering what average opinion believes average opinion to be.
ideas ties errors
The disruptive powers of excessive national fecundity may have played a greater part in bursting the bonds of convention than either the power of ideas or the errors of autocracy.
years issues mind
But my lord, when we addressed this issue a few years ago, didn't you argue the other side?" He said, "That's true, but when I get more evidence I sometimes change my mind. What do you do?
men cities long
How long will it be necessary to pay City men so entirely out of proportion to what other servants of society commonly receive for performing social services not less useful or difficult?
powerful freedom ideas
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.
bad-ass drunk wish
I wish I'd drunk more champagne.
profit enterprise thrift
The engine which drives enterprise is not thrift, but profit.
book competition liberty
[T]he theory of output as a whole, which is what the following book purports to provide, is much more easily adapted to the conditions of a totalitarian state, than is the theory of production and distribution of a given output produced under the conditions of free competition and a large measure of laissez-faire.
men liberty saving
Government machinery has been described as a marvelous labor saving device which enables ten men to do the work of one.
yield psychology investing
Investing is an activity of forecasting the yield over the life of the asset; speculation is the activity of forecasting the psychology of the market.
learning power history
Those, who are strongly wedded to what I shall call 'the classical theory', will fluctuate, I expect, between a belief that I am quite wrong and a belief that I am saying nothing new. It is for others to determine if either of these or the third alternative is right.