I find myself more and more relying for a solution of our problems on the invisible hand which I tried to eject from economic thinking twenty years ago.

Whenever you save five shillings you put a man out of work for a day.

As time goes on, I get more and more convinced that the right method of investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes.

The time has already come when each country needs a considered national policy about what size of population, whether larger or smaller than at present or the same, is most expedient. And having settled this policy, we must take steps to carry it into operation. The time may arrive a little later when the community as a whole must pay attention to the innate quality as well as to the mere numbers of its future members.

If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.

It's not bringing in the new ideas that's so hard; it's getting rid of the old ones.

I'd rather be vaguely right than precisely wrong.