John Maynard
John Maynard
europe vengeance dare
If we aim deliberately at the impoverishment of Central Europe, vengeance, I dare predict, will not limp.
running exhausted force
The forces of the nineteenth century have run their course and are exhausted.
might lasts would-be
Perhaps a day might come when there would be at last be enough to go round, and when posterity could enter into the enjoyment of our labors.
believe spirit i-believe
I believe that the future will learn more from the spirit of Gesell than from that of Marx .
ideas sound behinds
The idea behind stamped money is sound.
running risk investors
... a speculator is one who runs risks of which he is aware and an investor is one who runs risks of which he is unaware.
economics
I'd rather be vaguely right than precisely wrong.
years cities bishops
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.
humble people would-be
If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.
past men conservative
I do not know which makes a man more conservative - to know nothing but the present, or nothing but the past.
ignorance dark skills
The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.
eye science years
Newton was not the first of the age of reason. He was the last of the magicians, the last of the Babylonians and Sumerians, the last great mind that looked out on the visible and intellectual world with the same eyes as those who began to build our intellectual inheritance rather less than 10,000 years ago.
evil long mind
The spectacle of modern investment markets has sometimes moved me towards the conclusion that to make the purchase of an investment permanent and indissoluble, like marriage, except by reason of death or other grave cause, might be a useful remedy for our contemporary evils. For this would force the investor to direct his mind to the long-term prospects and to those only.
order sea suffering
I see, therefore, the rentier aspect of capitalism as a transitional phase which will disappear when it has done its work. And with the disappearance of its rentier aspect much else in it besides will suffer a sea-change. It will be, moreover, a great advantage of the order of events which I am advocating, that the euthanasia of the rentier, of the functionless investor, will be nothing sudden, merely a gradual but prolonged continuance of what we have seen recently in Great Britain, and will need no revolution.