John Maynard
John Maynard
compared gradual ideas interests power vastly
The power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas
powerful freedom ideas
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.
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.
learning power history
Those, who are strongly wedded to what I shall call 'the classical theory', will fluctuate, I expect, between a belief that I am quite wrong and a belief that I am saying nothing new. It is for others to determine if either of these or the third alternative is right.
change facts
When the facts change, I change my mind. What do you do, sir?
current guide misleading run
But this long run is a misleading guide to current affairs. In the long run we are all dead.
fail reputation succeed teaches wisdom worldly
Worldly wisdom teaches that it is better for the reputation to fail conventionally than to succeed unconventionally
ought wild words
Words ought to be a little wild for they are the assaults of thought on the unthinking.
education
Education is the inculcation of the incomprehensible into the indifferent by the incompetent
disgusting life love means money possession realities recognized somewhat
The love of money as a possession - as distinguished from the love of money as a means to the enjoyments and realities of life - will be recognized for what it is, a somewhat disgusting morbidity, one of those semi-criminal, semi-pathological propens
regarded
Regarded as a means, (the businessman) is tolerable; as an end, he is not so satisfactory
owe problem
If I owe you a pound, I have a problem; but if I owe you a million, the problem is yours.
found harm promptly
There is no harm in being sometimes wrong- especially if one is promptly found out.
insightful investing
It is better to be roughly right than precisely wrong.