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
More Author Quotes
- The decadent international but individualistic capitalism in the hands of which we found ourselves after the war is not a success. It is not intelligent. It is not beautiful. It is not just. It is no β¦ βΆ
- Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally. β¨ 1936 The General Theory of Employment, Interest and Money.
- Experience shows that what happens is always the thing against which one has not made provision in advance.
- It is a mistake to think that one limits oneβs risk by spreading too much between enterprises about which one knows little and has no reason for special confidence.
- The treasury could fill old bottles with banknotes and bury them..and leave it to private enterprises on well-tried principles of laissez-faire to dig the notes up again.
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