262 Quotes by John Maynard Keynes

I know of only three people who really understand money. A professor at another university. One of my students. And a rather junior clerk at the Bank of England.

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

The immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably.

Canada is a place of infinite promise. We like the people, and if one ever had to emigrate, this would be the destination, not the U.S.A. The hills, lakes and forests make it a place of peace and repose of the mind, such as one never finds in the U.S.A.

There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.

Once doubt begins it spreads rapidly.

To suppose that safety-first consists in having a small gamble in a large number of different companies where I have no information to reach a good judgment, as compared with a substantial stake in a company where one's information is adequate, strikes me as a travesty of investment policy.

Everything is always decided for reasons other than the real merits of the case

One's knowledge and experience are definitely limited and there are seldom more than two or three enterprises at any given time in which I personally feel myself entitled to put full confidence.