John Maynard Keynes - Quotes (Audio)
When my information changes, I alter my conclusions. What do you do, sir?
It is better to be roughly right than precisely wrong.
The old saying holds, owe your banker a thousand pounds and you're at his mercy.
Owe him a million pounds and the position is reversed.
Capitalism is the astounding belief that the wickedest of men will do the most wickedest
of things for the greatest good of everyone. But this long run is a misleading guide to
current affairs. In the long run, we are all dead.
The market can stay irrational longer than you can stay solvent.
Ideas shape the course of history. The difficulty lies not so much in
developing new ideas as in escaping from old ones.
Americans are apt to be unduly interested in discovering what average opinion believes
average opinion to be. The social object of skilled investment
should be to defeat the dark forces of time and ignorance which envelope our future.
Words ought to be a little wild for they are the assault of thoughts on the unthinking.
Most men love money and security more and creation and construction less as they get older.
Education, the inculcation of the incomprehensible into the indifferent by the incompetent.
The day is not far off when the economic problem will take the back seat where it belongs.
By a continuing process of inflation, governments can confiscate, secretly and unobserved,
an important part of the wealth of their citizens. Economics is a very dangerous science.