“If farming were to be organised like the stock market, a farmer would sell his farm in the morning when it was raining, only to buy it back in the afternoon when the sun came out.”

— John Maynard Keynes

Attributed by [Will, Hutton, http://www.guardian.co.uk/commentisfree/2008/nov/02/economics-economy-john-keynes, Will the real Keynes stand up, not this sad caricature?, Guardian, November 2, 2008, 2009-02-05]
Actual quote: "the Stock Exchange revalues many investments every day and the revaluations give a frequent opportunity to the individual (though not to the community as a whole) to revise his commitments. It is as though a farmer, having tapped his barometer after breakfast, could decide to remove his capital from the farming business between 10 and 11 in the morning and reconsider whether he should return to it later in the week."
The General Theory of Employment, Interest and Money (1935), Ch. 12 http://www.marxists.org/reference/subject/economics/keynes/general-theory/ch12.htm
Attributed

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John Maynard Keynes 122

British economist 1883–1946

Theodore Sturgeon book More Than Human

Source: More Than Human (1953), Chapter 1, p. 34

“When I talk to farmers about how they treat the animals on their farms, I come up against a strange fact: while the general public and most research scientists all acknowledge that farm animals suffer, the farmers responsible for them have a tendency to deny it.”

Jeffrey Moussaieff Masson (1941) American writer and activist

Source: The Face on Your Plate (2009), Ch. 2, p. 64

“The preservation of game involves a list of evils to the farmer of which the loss of money is probably not the greatest. It destroys his self-respect and the independence of his character. He takes a farm and contracts to pay a rent; he stocks it with cattle and sheep; he ploughs and sows and reaps—his landlord also stocks the same farm with hares and rabbits and pheasants, and enjoys his battue, or sends to market the game which his tenant's produce has fed. The tenant has his servants, to superintend or conduct the operations on his farm, and to feed and protect his cattle and his flocks—the landlord has his keepers to secure his game, and these keepers are a spy upon the tenant himself, and traverse his field by day or night, as though superior to his servants and himself. In all this there is a fruitful source of depredation to the farmer. Men of capital and independent feeling will shun an occupation which involves so much humiliation.”

John Bright (1811–1889) British Radical and Liberal statesman

Speech on the Game Laws (1843), quoted in G. M. Trevelyan, The Life of John Bright (London: Constable, 1913), pp. 125-126.
1840s

“The orders resting on BATS were typically just the 100-share minimum required for an order to be at the front of any price queue, as their only purpose was to tease information out of investors. The HFT firms posted these tiny orders on BATS—orders to buy or sell 100 shares of basically every stock traded in the U. S. market—not because they actually wanted to buy and sell the stocks but because they wanted to find out what investors wanted to buy and sell before they did it. BATS, unsurprisingly, had been created by high-frequency traders.”

Michael Lewis book Flash Boys

Source: Flash Boys (2014), p. 73

“And when he came to, he was flat on his back on the beach in the freezing sand, and it was raining out of a low sky, and the tide was way out.”

David Foster Wallace book Infinite Jest

Source: Infinite Jest

“Basically, price fluctuations have only one significant meaning for the true investor. They provide him with an opportunity to buy wisely when prices fall sharply and to sell wisely when they advance a great deal. At other times he will do better if he forgets about the stock market and pays attention to his dividend returns and to the operating results of his companies.”

Benjamin Graham (1894–1976) American investor

Source: The Intelligent Investor: The Classic Text on Value Investing (1949), Chapter II, The Investor and Stock-Market Fluctuations, p. 42

“The artist who parades his drawing, the writer who calls attention to his style, is like the farmer who devotes his energies to polishing farm implements and never uses them.”

Auguste Rodin (1840–1917) French sculptor

RODIN, AUGUSTE. L'Art. Entretiens réunis par Paul Gsell, 1911

“Standing outside a factory farm, the first question that comes to mind is not a moral but a practical one: Where is everybody? Where are the owners, the farmers, the livestock managers, the extra hands, anybody? I have been driving around the North Carolina countryside on a Thursday afternoon in January 2001, pulling in at random to six hog farms, and have yet to find a single farmer or any other living soul. … There are so many factory farms around here that they are easy to miss. I doubt that the average visitor just passing through even knows what they are …”

Matthew Scully (1959) American political writer and speechwriter

Dominion (2002)

“In the year 2000, when he said one farm, one farmer, he was vilified. For 20 years they loved Mugabe because they didn’t take the land from the whites.”

Charles Barron (1950) American politician

Commenting on Robert Mugabe, 6 June, 2008. http://observer.com/2008/06/barron-praises-robert-mugabe-for-doing-what-mandela-and-tutu-wouldnt/

“Back out of all this now too much for us,
Back in a time made simple by the loss
Of detail, burned, dissolved, and broken off
Like graveyard marble sculpture in the weather,
There is a house that is no more a house
Upon a farm that is no more a farm
And in a town that is no more a town.”

Robert Frost (1874–1963) American poet

Directive (1947)
Context: Back out of all this now too much for us,
Back in a time made simple by the loss
Of detail, burned, dissolved, and broken off
Like graveyard marble sculpture in the weather,
There is a house that is no more a house
Upon a farm that is no more a farm
And in a town that is no more a town.
The road there, if you'll let a guide direct you
Who only has at heart your getting lost,
May seem as if it should have been a quarry –
Great monolithic knees the former town
Long since gave up pretense of keeping covered.
And there's a story in a book about it…

“If farming were to be organised like the stock market, a farmer would sell his farm in the morning when it was raining, only to buy it back in the afternoon when the sun came out.”

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John Maynard Keynes 122

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