compendium of quotes John Maynard Keynes (1883-1946), British economist and financial. His major work was: "The General Theory of Employment, Interest and Money." He advocates a regulation of capitalism by interventionism States in the economy in a recession or economic boom through cyclical economic policy. For him, markets do not balance automatically. It is thus opposed to the "classical school".
Lenin reportedly said that the best way to destroy the capitalist system is to address its currency. [...] He was right. There is no more subtle, safer and more discreet to overthrow the existing order of society that vitiate its currency. "
John Meynard Keynes, The Consequences Economics of Peace, 1919
"The best estimate I can venture is that whenever you save five shillings you deprive a man working for a day. "
John Meynard Keynes , Essays on Money and the Economy, 1923-1931
" In the long run we are all dead. "
John Meynard Keynes, A Tract we Monetary Reform, 1923
" A banker is supposed unfortunately developed a banker who sees the danger coming and spreads, but a banker who, when he ruin the fact of how Orthodox and conventional, together with his colleagues, so we can not blame him. "
John Meynard Keynes, The consequences for banks of falling currency values, 1931
" An act of individual saving means - so to speak - a decision not to dine today. But it does not necessarily imply a decision to order a dinner or a pair of shoes a week or a year later. "
John Meynard Keynes, The Listener, January 14, 1931
" Every man laid off [...] cause, in turn, increased unemployment among workers who have produced what he can no longer afford. And so the situation is getting worse in a vicious circle. "
John Meynard Keynes, The alternative: save or spend, radio-broadcast speech, 1931
" The patient does not need rest. He needs the exercise. "
John Meynard Keynes, The alternative: save or spend, radio-broadcast speech, 1931
" The long term is a poor guide to current affairs. In the long run we are all dead. Economists set a task [...] not very useful if we can only say that when the storm passed, the ocean is flat again. "
John Meynard Keynes, The General Theory of Employment, Interest and Money, 1936
" Supply creates its own demand. "
John Meynard Keynes, The General Theory of Employment, Interest and Money, 1936
" It is unlikely that the influence of banking policy on the rate of interest sufficient to induce the flow of investment to its optimum value. "
John Meynard Keynes, The General Theory of Employment, Interest and Money, 1936
Lenin reportedly said that the best way to destroy the capitalist system is to address its currency. [...] He was right. There is no more subtle, safer and more discreet to overthrow the existing order of society that vitiate its currency. "
John Meynard Keynes, The Consequences Economics of Peace, 1919
"The best estimate I can venture is that whenever you save five shillings you deprive a man working for a day. "
John Meynard Keynes , Essays on Money and the Economy, 1923-1931
" In the long run we are all dead. "
John Meynard Keynes, A Tract we Monetary Reform, 1923
" A banker is supposed unfortunately developed a banker who sees the danger coming and spreads, but a banker who, when he ruin the fact of how Orthodox and conventional, together with his colleagues, so we can not blame him. "
John Meynard Keynes, The consequences for banks of falling currency values, 1931
" An act of individual saving means - so to speak - a decision not to dine today. But it does not necessarily imply a decision to order a dinner or a pair of shoes a week or a year later. "
John Meynard Keynes, The Listener, January 14, 1931
" Every man laid off [...] cause, in turn, increased unemployment among workers who have produced what he can no longer afford. And so the situation is getting worse in a vicious circle. "
John Meynard Keynes, The alternative: save or spend, radio-broadcast speech, 1931
" The patient does not need rest. He needs the exercise. "
John Meynard Keynes, The alternative: save or spend, radio-broadcast speech, 1931
" The long term is a poor guide to current affairs. In the long run we are all dead. Economists set a task [...] not very useful if we can only say that when the storm passed, the ocean is flat again. "
John Meynard Keynes, The General Theory of Employment, Interest and Money, 1936
" Supply creates its own demand. "
John Meynard Keynes, The General Theory of Employment, Interest and Money, 1936
" It is unlikely that the influence of banking policy on the rate of interest sufficient to induce the flow of investment to its optimum value. "
John Meynard Keynes, The General Theory of Employment, Interest and Money, 1936
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