The biggest problem is not to let people accept new ideas, but to let …

John Maynard Keynes
109 citations
The biggest problem is not to let people accept new ideas, but to let them forget the old ones.
Humanity Thought
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The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems … ▶
I find myself more and more relying for a solution of our problems on the invisible hand which I tried to eject from economic thinking twenty years ago.
There is no harm in being sometimes wrong - especially if one is promptly found out. ✨ John Maynard Keynes, Royal Economic Society (Great Britain) (1971). The Collected Writings of John Maynard Keyne … ▶
If you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at your mercy. ✨ Time magazine, February 17, 1947.
As time goes on, I get more and more convinced that the right method of investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of whi … ▶

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