John Maynard
John Maynard
bankers mercy old-saying
The old saying holds. Owe your banker �1000 and you are at his mercy; owe him �1 million and the position is reversed.
animal spirit reason
The markets are moved by animal spirits, and not by reason.
believe thinking long
It is astonishing what foolish things one can temporarily believe if one thinks too long alone, particularly in economics.
believe book writing
I believe myself to be writing a book on economic theory which will largely revolutionize - not, I suppose, at once but in the course of the next ten years - the way the world thinks about economic problems.
progress foolish possibility
It would not be foolish to contemplate the possibility of a far greater progress still.
gratitude grateful needs
The power to become habituated to his surroundings and therefore to no longer be grateful for what is good in it is a marked characteristic of mankind and needs to be fought against if a person is to be happy.
country peace morning
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.
business temptation might
If human nature felt no temptation to take a chance there might not be much investment merely as a result of cold calculation.
casinos financial should
It is generally agreed that casinos should, in the public interest, be inaccessible and expensive. And perhaps the same is true of Stock Exchanges.
characteristics surroundings mankind
The power to become habituated to his surroundings is a marked characteristic of mankind.
love-is glory neighbor
The glory of the nation you love is a desirable end, — but generally to be obtained at your neighbor's expense.
economics dangerous
Economics is a very dangerous science.
eugenics leader mind
Galton's eccentric, sceptical, observing, flashing, cavalry-leader type of mind led him eventually to become the founder of the most important, significant and, I would add, genuine branch of sociology which exists, namely eugenics.
men order world
The numeric system was invented to help man to put order in the chaos of the world.