Source: Essays In Biography (1933), Preface, p. viii
Context: I have sought with some touches of detail to bring out the solidarity and historical continuity of the High Intelligentsia of England, who have built up the foundations of our thought in the two and a half centuries, since Locke, in his Essay Concerning Human Understanding, wrote the first modern English book. I relate below the amazing progeny of Sir George Villiers. But the lineage of the High Intelligentsia is hardly less interbred and spiritually inter-mixed. Let the Villiers Connection fascinate the monarch or the mob and rule, or seem to rule, passing events. There is also a pride of sentiment to claim spiritual kinship with the Locke Connection and that long English line, intellectually and humanly linked with one another, to which the names in my second section belong. If not the wisest, yet the most truthful of men. If not the most personable, yet the queerest and sweetest. If not the most practical, yet of the purest public conscience. If not of high artistic genius, yet the most solid and sincere accomplishment within many of the fields which are ranged by the human mind.
John Maynard Keynes: Quotes about men
John Maynard Keynes was British economist. Explore interesting quotes on men.
Source: The General Theory of Employment, Interest and Money (1936), Ch. 24 "Concluding Notes" p. 383-384
Context: The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back. I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas. Not, indeed, immediately, but after a certain interval; for in the field of economic and political philosophy there are not many who are influenced by new theories after they are twenty-five or thirty years of age, so that the ideas which civil servants and politicians and even agitators apply to current events are not likely to be the newest. But, soon or late, it is ideas, not vested interests, which are dangerous for good or evil.
“Men will not always die quietly.”
Source: The Economic Consequences of the Peace (1919), Chapter VI, p. 228
Referring to economics and the Great Depression
Essays in Persuasion (1931), The Great Slump of 1930 (1930)
Context: This is a nightmare, which will pass away with the morning. For the resources of nature and men's devices are just as fertile and productive as they were. The rate of our progress towards solving the material problems of life is not less rapid. We are as capable as before of affording for everyone a high standard of life … and will soon learn to afford a standard higher still. We were not previously deceived. But to-day we have involved ourselves in a colossal muddle, having blundered in the control of a delicate machine, the working of which we do not understand. The result is that our possibilities of wealth may run to waste for a time — perhaps for a long time.
Source: The Economic Consequences of the Peace (1919), Chapter VI, p. 250
Source: Essays in Persuasion (1931), The End of Laissez-faire (1926), Ch. 3
Source: How to Pay for the War (1940), Ch. 3 : Our Output Capacity and the National Income
Attributed by Sir George Schuster, Christianity and human relations in industry (1951), p. 109
Recent variant: Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.
As quoted in Moving Forward: Programme for a Participatory Economy (2000) by Michael Albert, p. 128
Attributed
On David Lloyd George and Woodrow Wilson, in Chapter III, p. 41
The Economic Consequences of the Peace (1919)
“Most men love money and security more, and creation and construction less, as they get older.”
Essays in Persuasion (1931), Clissold (1927)