The hope of a very favourable outcome, which may balance th… - John Maynard Keynes

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The hope of a very favourable outcome, which may balance the risk in the mind of the borrower, is not available to solace the lender.

John Maynard Keynes

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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.

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Also Known As

Alternative Names: Lord Keynes • Baron Keynes of Tilton • John Maynard Keynes, 1st Baron Keynes • Keynes

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John Kenneth Galbraith Friedrich Hayek Robert Heilbroner Winston Churchill Thomas Sowell

Additional quotes by John Maynard Keynes

A ‘sound’ banker, alas, is not one who sees danger and avoids it, but one who, when he is ruined, is ruined in a conventional and orthodox way along with his fellows, so that no one can really blame him.

The forces of the nineteenth century have run their course and are exhausted.

In the long run we are all dead

The hope of a very favourable outcome, which may balance the risk in the mind of the borrower, is not available to solace the lender. - John Maynard Keynes

About John Maynard Keynes

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