John Maynard
John Maynard
compared gradual ideas interests power vastly
The power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas
change facts
When the facts change, I change my mind. What do you do, sir?
fail reputation succeed teaches wisdom worldly
Worldly wisdom teaches that it is better for the reputation to fail conventionally than to succeed unconventionally
ought wild words
Words ought to be a little wild for they are the assaults of thought on the unthinking.
current guide misleading run
But this long run is a misleading guide to current affairs. In the long run we are all dead.
disgusting life love means money possession realities recognized somewhat
The love of money as a possession - as distinguished from the love of money as a means to the enjoyments and realities of life - will be recognized for what it is, a somewhat disgusting morbidity, one of those semi-criminal, semi-pathological propens
education
Education is the inculcation of the incomprehensible into the indifferent by the incompetent
regarded
Regarded as a means, (the businessman) is tolerable; as an end, he is not so satisfactory
insightful investing
It is better to be roughly right than precisely wrong.
found harm promptly
There is no harm in being sometimes wrong- especially if one is promptly found out.
owe problem
If I owe you a pound, I have a problem; but if I owe you a million, the problem is yours.
brought corner difficulty escaping
The difficulty lies, not in the new ideas, but in escaping from the old ones, which ramify, for those brought up as most of us have been, into every corner of our minds.
depends
Societies depend on agreed rules.
language humans human-society
You couldn't have human society without language.