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.
John Maynard KeynesStichwörter: capitalism economics
If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.
John Maynard KeynesStichwörter: economics debt banking
How long will it be necessary to pay City men so entirely out of proportion to what other servants of society commonly receive for performing social services not less useful or difficult?
John Maynard KeynesStichwörter: wealth society bankers economy wages
A study of the history of opinion is a necessary preliminary to the emancipation of the mind.
John Maynard KeynesStichwörter: history opinion ideas
Too large a proportion of recent "mathematical" economics are mere concoctions, as imprecise as the initial assumptions they rest on, which allow the author to lose sight of the complexities and interdependencies of the real world in a maze of pretentious and unhelpful symbols.
John Maynard KeynesStichwörter: economics complexity mathematics
It is better to be roughly right than precisely wrong.
John Maynard KeynesI would rather be vaguely right than precisely wrong.
John Maynard KeynesIn the long run, we are all dead!
John Maynard KeynesWhen the facts change, I change my mind - what do you do, sir?
John Maynard KeynesHow can I accept the Communist doctrine, which sets up as its bible, above and beyond criticism, an obsolete textbook which I know not only to be scientifically erroneous but without interest or application to the modern world? How can I adopt a creed which, preferring the mud to the fish, exalts the boorish proletariat above the bourgeoisie and the intelligentsia, who with all their faults, are the quality of life and surely carry the seeds of all human achievement? Even if we need a religion, how can we find it in the turbid rubbish of the red bookshop? It is hard for an educated, decent, intelligent son of Western Europe to find his ideals here, unless he has first suffered some strange and horrid process of conversion which has changed all his values.
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