John Maynard
John Maynard
current guide misleading run
But this long run is a misleading guide to current affairs. In the long run we are all dead.
running taxation may
Nor should the argument seem strange that taxation may be so high as to defeat its object, and that, given sufficient time to gather the fruits, a reduction of taxation will run a better chance than an increase of balancing the budget.
running believe thinking
[Silvio] Gesell's chiefwork is written in cool and scientific terms, although it is run through by a more passionate and charged devotion to social justice than many think fit for a scholar. I believe that the future will learn more from the spirit of Gesell then from that of Marx.
running independent eye
It is the long term investor who will in practice come in for the most criticism. For it is the essence of his behaviour that he should be eccentric, unconventional and rash in the eyes of the average opinion. If he is successful, that will only confirm the general belief in his rashness; and if in the short run he is unsuccessful, which is very likely, he will not receive much mercy. Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.
running exhausted force
The forces of the nineteenth century have run their course and are exhausted.
running risk investors
... a speculator is one who runs risks of which he is aware and an investor is one who runs risks of which he is unaware.
running ocean past
This long run is a misleading guide to current affairs. In the long run we are all dead. Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past the ocean is flat again.
funny death running
In the long run we are all dead.
running long affair
Long run is a misleading guide to current affairs. In the long run we are all dead.
compared gradual ideas interests power vastly
The power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas
change facts
When the facts change, I change my mind. What do you do, sir?
education
Education is the inculcation of the incomprehensible into the indifferent by the incompetent
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.