Authors:
  1. Quotes
  2. Authors
  3. J
  4. John Maynard Keynes
  5. Wisdom

John Maynard Keynes Quotes about Wisdom

All John Maynard Keynes Quotes Age Balance Business Capitalism Community Conservatism Country Criticism Currency Economics Education Evil Expectations Glory Gold Growth History Inspirational Justice Liberty Mankind Mercy Money Newton Past Philosophy Politics Quality Risk Running Science Study Suffering War Wealth Wisdom quotes Writing
The immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably.

The immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably.

John Maynard Keynes
Wisdom, War, Benefits
John Maynard Keynes (2016). “The Economic Consequences of the Peace”, p.17, Skyhorse Publishing, Inc.

I see, therefore, the rentier aspect of capitalism as a transitional phase which will disappear when it has done its work. And with the disappearance of its rentier aspect much else in it besides will suffer a sea-change. It will be, moreover, a great advantage of the order of events which I am advocating, that the euthanasia of the rentier, of the functionless investor, will be nothing sudden, merely a gradual but prolonged continuance of what we have seen recently in Great Britain, and will need no revolution.

John Maynard Keynes
Wisdom, Order, Sea
John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.345, Atlantic Publishers & Dist

It is not the ownership of the instruments of production which it is important for the State to assume. If the State is able to determine the aggregate amount of resources devoted to augmenting the instruments and the basic rate of reward to those who own them, it will have accomplished all that is necessary. Moreover, the necessary measures of socialization can be introduced gradually and without a break in the general traditions of society.

John Maynard Keynes
Wisdom, Important, Politics
John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.346, Atlantic Publishers & Dist

For my own part, I believe that there is social and psychological justification for significant inequalities of incomes and wealth.

John Maynard Keynes
Wisdom, Believe, Income
John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.342, Atlantic Publishers & Dist

You May Also Like: