I believe that there is social and psychological justification for significant inequalities of incomes and wealth, but not for such large disparities as exist today.
John Maynard Keynes Quotes
Capitalism is the extraordinary belief that the nastiest of men for the nastiest of motives will somehow work for the benefit of all.
Source: eversincebefore
Similar Quotes
I would like my life to be a statement of love and compassion-and where it isn't, that's w...
- Ram DassIf you watch a game, it's fun. If you play it, it's recreation. If you work at it, it's go
- Bob HopeThe artist need not know very much; best of all let him work instinctively and paint as na...
- Emil NoldeI have always had a certain rhythmic approach to my work.
- Paul HirschYou have to stay faithful to what you're working on.
- Stephen KingComments on: "John Maynard Keynes Quotes: Capitalism is the extraordinary belief that the nastiest of men for the nastiest..."
| Birth: | 5th June, 1883 |
| Death: | 21st April, 1946 |
| Nationality: | British |
| Profession: | Economist |
About
John Maynard Keynes was born in Cambridge, Cambridgeshire, England. He was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. He was the founder of modern macroeconomics theory. His ideas are the basis for the school of thought known as Keynesian economics, and its various offshoots. In 1897, he won a scholarship to Eton College. He earned a BA degree in Mathematics from King's College, Cambridge University in 1904. By 1909 he had published his first professional economics article in the Economics Journal, about the effect of a recent global economic downturn on India. On being elected a fellow in 1911 he was made editor of The Economic Journal. He wrote several books include: Indian Currency and Finance, The Economic Consequences of the Peace, A Treatise on Probability, A Revision of the Treaty, A Treatise on Money, Essays in Persuasion, The General Theory of Employment, Interest and Money, and How to Pay for the War.
Share with your friends