In the long run we are all dead

John Maynard Keynes


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

John Maynard Keynes

Stichwörter: individuality wisdom



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In the long run we are all dead.

John Maynard Keynes

Stichwörter: economics



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In this autumn of 1919, in which I write, we are at the dead season of our fortunes.

John Maynard Keynes

Stichwörter: france world-war-1 keynes versailles paris-peace



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The master-economist must possess a rare combination of gifts .... He must be mathematician, historian, statesman, philosopher—in some degree. He must understand symbols and speak in words. He must contemplate the particular, in terms of the general, and touch abstract and concrete in the same flight of thought. He must study the present in the light of the past for the purposes of the future. No part of man's nature or his institutions must be entirely outside his regard. He must be purposeful and disinterested in a simultaneous mood, as aloof and incorruptible as an artist, yet sometimes as near to earth as a politician.

John Maynard Keynes

Stichwörter: economist



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Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.

John Maynard Keynes


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Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some.

John Maynard Keynes


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By this means the government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.

John Maynard Keynes

Stichwörter: economics corruption government banking



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