John Maynard Keynes

John Maynard Keynes

British economist, founder of Keynesianism
If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.More John Maynard Keynes quotes [03/29/2018 05:03:36]
The important thing for Government is not to do things which individuals are doing already, and to do them a little better or a little worse; but to do those things which at present are not done at all.More John Maynard Keynes quotes [03/29/2018 05:03:36]
It is better that a man should tyrannize over his bank balance than over his fellow-citizens and whilst the former is sometimes denounced as being but a means to the latter, sometimes at least it is an alternative.More John Maynard Keynes quotes [03/29/2018 05:03:36]
A conventional valuation which is established as the outcome of the mass psychology of a large number of ignorant individuals is liable to change violently as the result of a sudden fluctuation of opinion due to factors which do not really make much difference to the prospective yield; since there will be no strong roots of conviction to hold it steady.More John Maynard Keynes quotes [03/29/2018 05:03:36]
It is not the ownership of the instruments of production which it is important for the State to assume. If the State is able to determine the aggregate amount of resources devoted to augmenting the instruments and the basic rate of reward to those who own them, it will have accomplished all that is necessary. Moreover, the necessary measures of socialization can be introduced gradually and without a break in the general traditions of society.More John Maynard Keynes quotes [03/29/2018 05:03:36]

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