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John Maynard Keynes

English economist who advocated the use of government monetary and fiscal policy to maintain full employment without inflation (1883-1946)

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Ideas shape the course of history.

– John Maynard Keynes

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

– John Maynard Keynes

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The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist.

– John Maynard Keynes

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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.

– John Maynard Keynes

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

– John Maynard Keynes

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Americans are apt to be unduly interested in discovering what average opinion believes average opinion to be...

– John Maynard Keynes

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

– John Maynard Keynes

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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

– John Maynard Keynes

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

– John Maynard Keynes

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Government machinery has been described as a marvelous labor saving device which enables ten men to do the work of one.

– John Maynard Keynes

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If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.

– John Maynard Keynes

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In the long run, we are all dead.

– John Maynard Keynes

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Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency... Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose.

– John Maynard Keynes

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

– John Maynard Keynes

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The best way to destroy the capitalist system is 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.

– John Maynard Keynes

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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.

– John Maynard Keynes

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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.

– John Maynard Keynes

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

– John Maynard Keynes

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The difficulty lies, not in the new ideas, but in escaping the old ones, which ramify, for those brought up as most of us have been, into every corner of our minds.

– John Maynard Keynes

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Words ought to be a little wild for they are the assaults of thought on the unthinking.

– John Maynard Keynes

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