To suggest social action for the public good to the city London is like discussing The Origin of Species to a Bishop sixty years ago.

If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.

The right remedy for the trade cycle is not to be found in abolishing booms and thus keeping us permanently in a semi-slump; but in abolishing slumps and thus keeping us permanently in a quasi-boom.

Ideas shape the course of history.

Successful investing is anticipating the anticipations of others.

It is a mistake to think that one limits one’s risk by spreading too much between enterprises about which one knows little and has no reason for special confidence.

One blames politicians, not for inconsistency but for obstinacy. They are the interpreters, not the masters, of our fate. It is their job, in fact, to register the fact accompli.