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The increase of technical efficiency has been taking place faster than we can deal with the problem of labour absorption; the improvement in the standard of life has been a little too quick; the banking and monetary system of the world has been preventing the rate of interest from falling as fast as equilibrium requires.

— John Maynard Keynes Essays in Persuasion (1931)

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More quotes by John Maynard Keynes

A study of the history of opinion is a necessary preliminary to the emancipation of the mind.

Essays in Persuasion (1931)

Most men love money and security more, and creation and construction less, as they get older.

Essays in Persuasion (1931)

Words ought to be a little wild, for they are the assault of thoughts on the unthinking.

When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals.

Essays in Persuasion (1931)

The difficulty lies, not in the new ideas, but in escaping from the old ones, which ramify, for those brought up as most of us have been, into every corner of our minds.

The General Theory of Employment, Interest and Money (1936)

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