Keynes Theory Quotes & Sayings

Keynes was a great economist. In every discipline, progress comes from people who make hypotheses, most of which turn out to be wrong, but all of which ultimately point to the right answer. Now Keynes, in The General Theory of Employment, Interest and Money,set forth a hypothesis which was a beautiful one, and it really altered the shape of economics. But it turned out that it was a wrong hypothesis. That doesn't mean that he wasn't a great man! — Milton Friedman

Coats are my favorite thing, and it's always cold in England. I'm comfortable spending a bit of money if you know you're going to be wearing it 10 years later. — Max Irons

When I live in the age of miracles," Allan said, "your mother was the greatest miracles of all. Just by standing near me she made me better than I am. she brought out that in me that makes me best. I'd think, I don't deserve her, and then I'd think again and say, wait, yes I do.Because her mere presence made me become someone who deserved her love. Do you see? — Dexter Palmer

Each spine was an encapsulated memory, each book represented hours, days of pleasure, of immersion into words. — Audrey Niffenegger

Oh no, Hulk alert. Not my chips! — Karina Halle

My only foray into anything stock-market-related was in my eighth grade social studies class. I have steered clear ever since. — Rich Sommer

In order to conquer the world of economics with his new theory, it was critical for Keynes to destroy his rivals within Cambridge itself. In his mind, he who controlled Cambridge controlled the world. — Murray Rothbard

If at war, understand what it takes to win: Set a goal, define victory and fully support the effort. Leave no doubt that you respect the troops and appreciate their service. — Brad Wenstrup

There is an unearthly, mystical element in Friedman's thought. The mere existence of a stock of money somehow promotes expenditure. But insofar as he offers an intelligible theory, it is made up of elements borrowed from Keynes. — Joan Robinson

Women are delicate creatures. Fragile. Gentle. Made by God to be sheltered from the harshness of this world..
Morgan MacDonnell — Teresa Medeiros

Give it to Charity. I don't want it anymore. — Carolyn Brown

What is faith in Christ?
It is the leaving of your way, your objects, your self, and the taking of his and him; the leaving of your trust in men, in money, in opinion, in character, in religious doctrines and opinions, and then doing as Christ tells you.
I can find no words strong enough to serve for the weight of this necessity-this obedience.
It is the one terrible heresy of the church that it has always been presenting something else than obedience as faith in Christ. — George MacDonald

Unlike physics, for example, such parts of the bare bones of economic theory as are expressible in mathematical form are extremely easy compared with the economic interpretation of the complex and incompletely known facts of experience, and lead one a very little way towards establishing useful results. — John Maynard Keynes

Keynes eliminated economic theory's ancient role as spoilsport for inflationist and statist schemes, leading a new generation of economists on to academic power and to political pelf and privilege. — Murray Rothbard

Going blind every time you drain a boiling pan of pasta, because it steams up your glasses real bad. — Caitlin Moran

Of the seven deadly sins, lust is definitely the pick of the litter. — Tom Robbins

A true war story is never moral. — Tim O'Brien

[T]he theory of output as a whole, which is what the following book purports to provide, is much more easily adapted to the conditions of a totalitarian state, than is the theory of production and distribution of a given output produced under the conditions of free competition and a large measure of laissez-faire. — John Maynard Keynes

Our mother Eve, who tasted of the tree, Giving to Adam what she held most dear, Was simply good, and had no power to see. — Emilia Lanier

My clothes are predominately black and my home is predominantly white. — Fran Drescher

Those, who are strongly wedded to what I shall call 'the classical theory', will fluctuate, I expect, between a belief that I am quite wrong and a belief that I am saying nothing new. It is for others to determine if either of these or the third alternative is right. — John Maynard Keynes

Spend a few hours every week studying American history, human nature, and economic theory. Start with "Economics in One Lesson." Then try Keynes. Then Hayek. Then Marx. Then Hegel. Develop a worldview that you can articulate as well as defend. Test your theory with people who disagree with you. Debate. Argue. Adjust your philosophy as necessary. — Mike Rowe

The intellectual case for planning was never very strong. Keynes, as we have seen, regarded economic planning much as he did pure market theory: in order to succeed, both required impossibly perfect data. — Tony Judt

I believe myself to be writing a book on economic theory which will largely revolutionize - not, I suppose, at once but in the course of the next ten years - the way the world thinks about economic problems. — John Maynard Keynes