Most, probably, of our decisions to do something positive, the full consequences of which will be drawn out over many days to come, can only be taken as the result of animal spirits-a spontaneous urge to action rather than inaction, and not as the outcome of a weighted average of quantitative benefits multiplied by quantitative probabilities. β¨ The General Theory of Employment, Interest and Money. Book by John Maynard Keynes, book 4, chapter 12, section 7, p. 161, February, 1936.
More Author Quotes
- The importance of money flows from it being a link between the present and the future. β¨ John Maynard Keynes (2006). General Theory Of Employment , Interest And Money, p.268, Atlantic Publishers & Di β¦ βΆ
- In truth, the gold standard is already a barbarous relic. β¨ John Maynard Keynes, Royal Economic Society (Great Britain) (1972). The Collected Writings of John Maynard Keynes: Essays in persuasion
- The expected never happens; it is the unexpected always.
- I do not know which makes a man more conservative - to know nothing but the present, or nothing but the past. β¨ End of Laissez-Faire (1926) pt. 1
- The numeric system was invented to help man to put order in the chaos of the world.
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