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Many of the greatest economic evils of our time are the fruits of risk, uncertainty, and ignorance. - John Maynard Keynes
" "Many of the greatest economic evils of our time are the fruits of risk, uncertainty, and ignorance.
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About John Maynard Keynes
John Maynard Keynes, 1st Baron Keynes of Tilton (5 June 1883 – 21 April 1946) was a British economist whose ideas, known as Keynesian economics, had a major impact on modern economic and political theory and on many governments' fiscal policies.
Biography information from Wikiquote
Also Known As
Alternative Names:
Lord Keynes
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Baron Keynes of Tilton
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John Maynard Keynes, 1st Baron Keynes
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Keynes
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Additional quotes by John Maynard Keynes
My feelings about Das Kapital are the same as my feelings about the Koran. I know that it is historically important and I know that many people, not all of whom are idiots, find it a sort of Rock of Ages and containing inspiration. Yet when I look into it, it is to me inexplicable that it can have this effect. Its dreary, out-of-date, academic controversialising seems so extraordinarily unsuitable as material for the purpose … How could either of these books carry fire and sword round half the world? It beats me. [writing to George Bernard Shaw]
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The supporters of Monetary Reform, of which I... am a more convinced adherent than before, as the most important and significant measure Great Britain can take to increase economic welfare, must expound their arguments more fully... before they can overwhelm the forces of old custom and general ignorance... [F]luctuations of trade and employment... the greatest and the most remediable of the economic diseases of modern society... are mainly diseases of our credit and banking system...
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