Skip to content

The mechanism of reaching equilibrium by means of a rising cost of living, which is vainly pursued by a rising level of wages, will be described in the next chapter. But it is admitted on all hands that this is the worst possible solution.

— John Maynard Keynes How to Pay for the War (1940)

Another quote →

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)

All John Maynard Keynes quotes →

Attribution

Quote text and notes from Wikiquote: John Maynard Keynes (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.