John Maynard
John Maynard
years cities bishops
To suggest social action for the public good to the city London is like discussing The Origin of Species to a Bishop sixty years ago.
humble people would-be
If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.
past men conservative
I do not know which makes a man more conservative - to know nothing but the present, or nothing but the past.
ignorance dark skills
The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.
eye science years
Newton was not the first of the age of reason. He was the last of the magicians, the last of the Babylonians and Sumerians, the last great mind that looked out on the visible and intellectual world with the same eyes as those who began to build our intellectual inheritance rather less than 10,000 years ago.
evil long mind
The spectacle of modern investment markets has sometimes moved me towards the conclusion that to make the purchase of an investment permanent and indissoluble, like marriage, except by reason of death or other grave cause, might be a useful remedy for our contemporary evils. For this would force the investor to direct his mind to the long-term prospects and to those only.
order sea suffering
I see, therefore, the rentier aspect of capitalism as a transitional phase which will disappear when it has done its work. And with the disappearance of its rentier aspect much else in it besides will suffer a sea-change. It will be, moreover, a great advantage of the order of events which I am advocating, that the euthanasia of the rentier, of the functionless investor, will be nothing sudden, merely a gradual but prolonged continuance of what we have seen recently in Great Britain, and will need no revolution.
business slumps found
The right remedy for the trade cycle is not to be found in abolishing booms and thus keeping us permanently in a semi-slump; but in abolishing slumps and thus keeping us permanently in a quasi-boom.
depression great-depression crash
We will not have any more crashes in our time.
gold standards relics
In truth, the gold standard is already a barbarous relic.
thinking hands years
I find myself more and more relying for a solution of our problems on the invisible hand which I tried to eject from economic thinking twenty years ago.
country jobs done
When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done
prudent finals compromise
When the final result is expected to be a compromise, it is often prudent to start from an extreme position.
inspirational business past
Words ought to be a little wild, for they are the assaults of thoughts on the unthinking.