John Maynard
John Maynard
expectations matter would-be
It would be foolish, in forming our expectations, to attach great weight to matters which are very uncertain.
powerful jealous office
The division of the spoils between the victors will also provide employment for a powerful office, whose doorsteps the greedy adventurers and jealous concession hunters of twenty or thirty nations will crowd and defile.
psychics physics breaking-down
The atomic hypothesis which had worked so splendidly in Physics breaks down in Psychics.
employment logic lyrical
Logic , like lyrical poetry , is no employment for the middle-aged
party past ideas
All the political parties alike have their origins in past ideas and not in new ideas and none more conspicuously so than the Marxists .
war earthquakes pyramids
Pyramid-building, earthquakes, even wars may serve to increase wealth, if the education of our statesmen on the principles of the classical economics stands in the way of anything better.
men long suffering
Economic privation proceeds by easy stages, and so long as men suffer it patiently the outside world cares little.
dream design diplomats
But the dreams of designing diplomats do not always prosper, and we must trust the future .
social advantage scarce
I am myself impressed by the great social advantages of increasing the stock of capital until it ceases to be scarce.
cake growth saving
The duty of "saving" became nine-tenths of virtue and the growth of the cake the object of true religion.
atheist character escaping
The great events of history are often due to secular changes in the growth of population and other fundamental economic causes, which, escaping by their gradual character the notice of contemporary observers, are attributed to the follies of statesmen or the fanaticism of atheists .
order creating track
Thus those reformers, who look for a remedy by creating artificial carrying-costs for the money through the device of requiring legal-tender currency to be periodically stamped at a prescribed cost in order to retain its quality as money, or in analogous ways, have been on the right track; and the practical value of their proposals deserves consideration.
evil growth world
The destruction of the inducement to invest by an excessive liquidity-preference was the outstanding evil, the prime impediment to the growth of wealth, in the ancient and medieval worlds.
believe income politics
For my own part, I believe that there is social and psychological justification for significant inequalities of incomes and wealth.