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John Maynard Keynes Quotes about Running

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Long run is a misleading guide to current affairs. In the long run we are all dead.

Long run is a misleading guide to current affairs. In the long run we are all dead.

John Maynard Keynes
Running, Long, Affair
A Tract on Monetary Reform ch. 3 (1923)

... 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.

John Maynard Keynes
Running, Risk, Investing

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.

John Maynard Keynes
Running, Independent, Eye
1936 The General Theory of Employment, Interest and Money.

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.

John Maynard Keynes
Death, Running, Ocean
1923 A Tract on Monetary Reform.

In the long run we are all dead.

John Maynard Keynes
Funny, Death, Running
A Tract on Monetary Reform ch. 3 (1923)

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.

John Maynard Keynes
Running, Investing, Taxation

The forces of the nineteenth century have run their course and are exhausted.

John Maynard Keynes
Running, Exhausted, Century
John Maynard Keynes (1929). “The Economic Consequences of the Peace: The classic text on the Treaty of Versailles and post war Europe”, p.150, Harriman House Limited

[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.

John Maynard Keynes
Running, Believe, Thinking

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