John Maynard Keynes Quotes
A study of the history of opinion is a necessary preliminary to the emancipation of the mind. Americans are apt to be unduly interested in discovering what average opinion believes average opinion to be. By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens. Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone. Education: the inculcation of the incomprehensible into the indifferent by the incompetent. For at least another hundred years we must pretend to ourselves and to every one that fair is foul and foul is fair; for foul is useful and fair is not. Avarice and usury and precaution must be our gods for a little longer still. I do not know which makes a man more conservative - to know nothing but the present, or nothing but the past. I work for a Government I despise for ends I think criminal. Ideas shape the course of history. If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid. In the long run we are all dead. It is ideas, not vested interests, which are dangerous for good or evil. It would not be foolish to contemplate the possibility of a far greater progress still. Like Odysseus, the President looked wiser when he was seated. Long run is a misleading guide to current affairs. In the long run we are all dead. Most men love money and security more, and creation and construction less, as they get older. Nothing mattered except states of mind, chiefly our own. Successful investing is anticipating the anticipations of others. The avoidance of taxes is the only intellectual pursuit that still carries any reward. The best way to destroy the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
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