John Maynard Keynes Quotations

John Maynard Keynes

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

Capitalism is the astounding belief that the most wicked of men will do the most wicked of things for the greatest good of everyone.

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

In the long run, we're all dead.

It is better that a man should tyrannize over his bank balance than over his fellow-citizens and whilst the former is sometimes denounced as being but a means to the latter, sometimes at least it is an alternative.

It is ideas, not vested interests, which are dangerous for good or evil.

Successful investing is anticipating the anticipations of others.

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

The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is generally understood. Indeed, the world is ruled by little else.

There is nothing so disastrous as a rational investment policy in an irrational world.

Very few American investors buy any stock for the sake of something which is going to happen more than six months hence, even though this probability is exceedingly high; and it is out of taking advantage of this psychological peculiarly of theirs that most money is made.

When I find I am wrong, I change my mind. What do you do, sir? (Upon being chastised for frequently changing his mind)