Famous John Maynard Keynes Quotes


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John Maynard Keynes

John Maynard Keynes

John Maynard Keynes, 1st Baron Keynes, CB, FBA ( 5 June 1883 – 21 April 1946) was a British economist whose ideas have fundamentally affected the theory and practice of modern macroeconomics, and informed the economic policies of governments.

Education: the inculcation of the incomprehensible into the indifferent by the incompetent.
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Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.
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By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
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Ideas shape the course of history.
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A study of the history of opinion is a necessary preliminary to the emancipation of the mind.
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The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion.
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The importance of money flows from it being a link between the present and the future.
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Most men love money and security more, and creation and construction less, as they get older.
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The decadent international but individualistic capitalism in the hands of which we found ourselves after the war is not a success. It is not intelligent. It is not beautiful. It is not just. It is not virtuous. And it doesn't deliver the goods.
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