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John Maynard Keynes Quotes

We should not conclude from this that everything depends on waves of irrational psychology. On the c...

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The General Theory of Employment

The war has ended with every one owing every one else immense sums of money. Germany owes a large su...

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The Economic Consequences of the Peace

When the accumulation of wealth is no longer of high social importance, there will be great changes ...

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Economic Possibilities for Our Grandchildren

The long run is a misleading guide to current affairs. In the long run we are all dead.

A Tract on Monetary Reform

A study of the history of opinion is a necessary preliminary to the emancipation of the mind.

When my information changes, I alter my conclusions. What do you do, sir?

In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempes...

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In the long run we are all dead.

Practical men who believe themselves to be quite exempt from any intellectual influence, are usually...

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The difficulty lies not so much in developing new ideas as in escaping the old ones.

Our attitude to these criticisms must be determined by our whole moral and emotional reaction to the...

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Most men love money and security more, and creation and construction less, as they get older.

The difficulty lies not so much in developing new ideas as in escaping from old ones.

Ideas shape the course of history.

The importance of money flows from it being a link between the present and the future.

The ideas of economists and political philosophers, both when they are right and when they are wrong...

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Capitalism is the extraordinary belief that the nastiest of men for the nastiest of motives will som...

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I work for a Government I despise for ends I think criminal.

When the facts change, I change my mind. What do you do, sir?

The businessman is only tolerable so long as his gains can be held to bear some relation to what, ro...

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The avoidance of taxes is the only intellectual pursuit that still carries any reward.

Too large a proportion of recent "mathematical" economics are mere concoctions, as imprecise as the ...

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If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.

The decadent international but individualistic capitalism in the hands of which we found ourselves a...

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Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of thi...

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The disruptive powers of excessive national fecundity may have played a greater part in bursting the...

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It is better to be roughly right than precisely wrong.

The political problem of mankind is to combine three things: economic efficiency, social justice and...

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By a continuing process of inflation, government can confiscate, secretly and unobserved, an importa...

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How long will it be necessary to pay City men so entirely out of proportion to what other servants o...

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Education: the inculcation of the incomprehensible into the indifferent by the incompetent.

The best way to destroy the capitalist system is to debauch the currency. By a continuing process of...

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If we consistently act on the optimistic hypothesis, this hypothesis will tend to be realised; whils...

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The day is not far off when the economic problem will take the back seat where it belongs, and the a...

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Newton was not the first of the age of reason. He was the last of the magicians, the last of the Bab...

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The social object of skilled investment should be to defeat the dark forces of time and ignorance wh...

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By this means the government may secretly and unobserved, confiscate the wealth of the people, and n...

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The Economic Consequences of the Peace

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John Maynard Keynes

Economist

Born: 1883-06-05

Died: 1946-04-21

John Maynard Keynes, 1st Baron Keynes of Tilton (5 June 1883 – 21 April 1946) was a British economist whose ideas, known as Keynesian economics, had a major impact on modern economic and political theory and on many governments' fiscal policies.More