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John Maynard Keynes

John Maynard Keynes Quotes

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Famous John Maynard Keynes Quotes

“The inhabitant of London could order by telephone, sipping his morning tea in bed, the various products of the whole earth -- he could at the same time and by the same means adventure his wealth in the natural resources and new enterprise of any quarter of the world -- he could secure forthwith, if he wished, cheap and comfortable means of transit to any country or climate without passport or other formality.”

IfsWorldMeanCountryWholeEarthOrderPeaceNaturalWealthMorningAdventureProductsBedComfortableResourcesEconomicsClimateVariousLondonSecureTeaEnterpriseQuartersTelephonesNatural ResourcesPassportsFormalitySipping
Author:John Maynard Keynes
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“When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals. We shall be able to rid ourselves of many of the pseudo-moral principles which have hag-ridden us for two hundred years, by which we have exulted some of the most distasteful of human qualities into the highest virtues.”

YearsHumansTwoAbleSocialWealthQualityMoralPrinciplesVirtueHighestHundredImportanceCodeAccumulationPseudoMoral PrinciplesGreat ChangeDistastefulHuman Qualities
Book:The collected writings of John Maynard Keynes
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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.”

ImportantGovernmentProcessWealthPoorMoneyPowerEconomySocietyEconomicCitizensEconomicsProsperityContinuingBankingInflationCivil SocietyEconomic FreedomDistribution Of WealthCentral BankingEconomic ReformsHyperinflationContinuing On
Book:The Economic Consequences of the Peace
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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. The sight of this arbitrary rearrangement of riches strikes not only at security, but at confidence in the equity of the existing distribution of wealth.”

WaySaidImportantGovernmentPoliticsProcessWealthEconomicSecurityCitizensSightMethodRichesStrikesBest WayCapitalistCurrencyContinuingDistributionEquityInflationArbitraryDistribution Of Wealth
Book:Essays in persuasion
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“If the Treasury were to fill old bottles with bank-notes, bury them at suitable depths in disused coal-mines which are then filled up to the surface with town rubbish, and leave it to private enterprise on well-tried principles of laissez-faire to dig the notes up again (the right to do so being obtained, of course, by tendering for leases of the note-bearing territory), there need be no more unemployment and, with the help of repercussions, the real income of the community, and its capital wealth, would probably become a good deal greater than it actually is.”

IfsNeedsWellsRealHelpingCoursesCommunityWealthDealsPrinciplesGreaterMinesTownsFilledNotesDepthSurfaceIncomeEnterpriseBottlesTerritoryUnemploymentCoalSuitableRubbishTreasuryRepercussionsLaissez FairePrivate EnterpriseLeaseFilled UpLaissez Faire CapitalismDigging A Hole
Book:General Theory Of Employment , Interest And Money
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