10 Quotes From John Maynard Keynes That Offer Some Insight Into His Personal, Moral, And Economic Beliefs | Exploring Markets

10 Quotes From John Maynard Keynes That Offer Some Insight Into His Personal, Moral, And Economic Beliefs

  1. "The long run is a misleading guide to current affairs. In the long run we are all dead."
  2. "Some people seem to infer from this that output and income can be raised by increasing the quantity of money. But this is like trying to get fat by buying a larger belt." 
  3. "Successful investing is anticipating the anticipations of others."
  4. "A study of the history of opinion is a necessary preliminary to the emancipation of the mind."
  5. "There is no harm in being sometimes wrong — especially if one is promptly found out."
  6. "If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid."
  7. "The old saying holds. Owe your banker £1000 and you are at his mercy; owe him £1 million and the position is reversed."
  8. "The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future."
  9. "The difficulty lies, not in the new ideas, but in escaping from the old ones, which ramify, for those brought up as most of us have been, into every corner of our minds."
  10. "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 propensities which one hands over with a shudder to the specialists in mental disease."