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Keynes Quotes

Fascism entirely agrees with Mr. Maynard Keynes, despite the latter’s prominent position as a Liberal. In fact, Mr. Keynes’ excellent little book, The End of Laissez-Faire (l926) might, so far as it goes, serve as a useful introduction to fascist economics. There is scarcely anything to object to in it and there is much to applaud Picture Quote #1

I don’t think that much change comes from economists. I think it comes more from political realities. Probably the two giants of the 20th century, who actually did shift government policy in the U.S. and around the world, were John Maynard Keynes and Milton Friedman. I don’t see anybody in our system who is at that level of influence Picture Quote #1

My only regret in life is that I did not drink more Champagne - John Maynard Keynes Sorrow can be alleviated by good sleep, a bath and a glass of good wine Picture Quote #1

Keynes vs Hayek? Friedman vs Krugman? Those are the wrong intellectual debates. Its you vs. Tony Hayward, BP CEO, You vs. Lloyd Blankfein, Goldman Sachs CEO. And you are losing Picture Quote #1

Friedrich Hayek, who died on March 23, 1992 at age 92, was arguably the greatest social scientist of the twentieth century. By the time of his death, his fundamental way of thought had supplanted the system of John Maynard Keynes - his chief intellectual rival of the century - in the battle since the 1930s for the minds of economists and the policies of governments Picture Quote #1

To spend this particular year reading essays to Dennis Robertson as one’s supervisor, and, simultaneously, enjoying membership of the group round Keynes was indeed an intellectual treat Picture Quote #1

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John Maynard Keynes essentially said, don’t try and figure out what the market is doing. Figure out a business you understand, and concentrate Picture Quote #1

As a teenager, my father took me to the shows at the Architectural Association and to places like Milton Keynes back when it was first being built. But I couldn’t find anything for me. There seemed to be despair at the possibility of the built environment possessing any imagination in the real world Picture Quote #1

The idea of confidence, of the emotions of the population, is an incredibly important one in economics. John Maynard Keynes called it ‘animal spirit.’ And if people are feeling generally good about the future, they’re more likely to spend money, to start new companies; companies are more likely to hire people, make investments Picture Quote #1

In July 1944, at the Mount Washington Hotel in the resort town of Bretton Woods in the White Mountains of New Hampshire, john Maynard Keynes and Harry Dexter White created the New World Order Picture Quote #1

The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare Picture Quote #1

To spend this particular year reading essays to Dennis Robertson as one’s supervisor, and, simultaneously, enjoying membership of the group round Keynes was indeed an intellectual treat Picture Quote #1

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Keynes was a very good economist. He was brilliant. He had wonderful insights. His work has inspired me many times Picture Quote #1

Keynes tried to show that market economies could settle in equilibrium states in which the labour market did not clear, and in which the level of unemployment was high. He believed that this was due to a particular example of market failure, developed in his concept of effective demand Picture Quote #1

Keynes did not teach us how to perform the miracle of turning a stone into bread, but the not at all miraculous procedure of eating the seed corn Picture Quote #1

In Europe and the United States the two decades following the Second World War will for long be remembered as a very good time, the time when capitalism really worked. Everywhere in the industrialized countries production increased. Unemployment was everywhere low. Prices were nearly stable. When production lagged and unemployment rose, governments intervened to take up the slack, as Keynes had urged Picture Quote #1

It had been held that the economic system, any capitalist system, found it's equilibrium at full employment. Left to itself, it was thus that it came to rest. Idle men and idle plant were an aberration, a wholly temporary failing. Keynes showed that the modern economy could as well find it's equilibrium with continuing, serious unemployment. Its perfectly normal tendency was to what economists have since come to call an underemployment equilibrium Picture Quote #1

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Fascism entirely agrees with Mr. Maynard Keynes, despite the latter’s prominent position as a Liberal. In fact, Mr. Keynes’ excellent little book, The End of Laissez-Faire (l926) might, so far as it goes, serve as a useful introduction to fascist economics. There is scarcely anything to object to in it and there is much to applaud (Keynes Quotes) I don’t think that much change comes from economists. I think it comes more from political realities. Probably the two giants of the 20th century, who actually did shift government policy in the U.S. and around the world, were John Maynard Keynes and Milton Friedman. I don’t see anybody in our system who is at that level of influence. (Keynes Quotes) My only regret in life is that I did not drink more Champagne - John Maynard Keynes Sorrow can be alleviated by good sleep, a bath and a glass of good wine (Keynes Quotes) Keynes vs Hayek? Friedman vs Krugman? Those are the wrong intellectual debates. Its you vs. Tony Hayward, BP CEO, You vs. Lloyd Blankfein, Goldman Sachs CEO. And you are losing ... (Keynes Quotes) Friedrich Hayek, who died on March 23, 1992 at age 92, was arguably the greatest social scientist of the twentieth century. By the time of his death, his fundamental way of thought had supplanted the system of John Maynard Keynes - his chief intellectual rival of the century - in the battle since the 1930s for the minds of economists and the policies of governments. (Keynes Quotes) To spend this particular year reading essays to Dennis Robertson as one’s supervisor, and, simultaneously, enjoying membership of the group round Keynes was indeed an intellectual treat. (Keynes Quotes) John Maynard Keynes essentially said, don’t try and figure out what the market is doing. Figure out a business you understand, and concentrate. (Keynes Quotes) As a teenager, my father took me to the shows at the Architectural Association and to places like Milton Keynes back when it was first being built. But I couldn’t find anything for me. There seemed to be despair at the possibility of the built environment possessing any imagination in the real world. (Keynes Quotes) The idea of confidence, of the emotions of the population, is an incredibly important one in economics. John Maynard Keynes called it ‘animal spirit.’ And if people are feeling generally good about the future, they’re more likely to spend money, to start new companies; companies are more likely to hire people, make investments (Keynes Quotes) In July 1944, at the Mount Washington Hotel in the resort town of Bretton Woods in the White Mountains of New Hampshire, john Maynard Keynes and Harry Dexter White created the New World Order (Keynes Quotes) The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare (Keynes Quotes) To spend this particular year reading essays to Dennis Robertson as one’s supervisor, and, simultaneously, enjoying membership of the group round Keynes was indeed an intellectual treat (Keynes Quotes) Keynes was a very good economist. He was brilliant. He had wonderful insights. His work has inspired me many times (Keynes Quotes) Keynes tried to show that market economies could settle in equilibrium states in which the labour market did not clear, and in which the level of unemployment was high. He believed that this was due to a particular example of market failure, developed in his concept of effective demand (Keynes Quotes) Keynes did not teach us how to perform the miracle of turning a stone into bread, but the not at all miraculous procedure of eating the seed corn (Keynes Quotes) In Europe and the United States the two decades following the Second World War will for long be remembered as a very good time, the time when capitalism really worked. Everywhere in the industrialized countries production increased. Unemployment was everywhere low. Prices were nearly stable. When production lagged and unemployment rose, governments intervened to take up the slack, as Keynes had urged (Keynes Quotes) It had been held that the economic system, any capitalist system, found it's equilibrium at full employment. Left to itself, it was thus that it came to rest. Idle men and idle plant were an aberration, a wholly temporary failing. Keynes showed that the modern economy could as well find it's equilibrium with continuing, serious unemployment. Its perfectly normal tendency was to what economists have since come to call an underemployment equilibrium (Keynes Quotes)