The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.
John Maynard KeynesPerhaps it is historically true that no order of society ever perishes save by its own hand.
John Maynard KeynesI conceive, therefore, that a somewhat comprehensive socialisation of investment will prove the means of securing an approximation to full employment.
John Maynard KeynesGold is a relic from a time when government's were less trustworthy in these matters (currency debasement) than they are now.
John Maynard KeynesNewton was not the first of the age of reason. He was the last of the magicians, the last of the Babylonians and Sumerians, the last great mind that looked out on the visible and intellectual world with the same eyes as those who began to build our intellectual inheritance rather less than 10,000 years ago.
John Maynard KeynesIn truth, the gold standard is already a barbarous relic. All of us, from the Governor of the Bank of England downwards, are now primarily interested in preserving the stability of business, prices, and employment, and are not likely, when the choice is forced on us, deliberately to sacrifice these to outworn dogma, which had its value once, of 3 pounds, 17 shill ings, 10 1/2 pence per ounce. Advocates of the ancient standard do not observe how remote it now is from the spirit and the requirements of the age. A regulated nonmetallic standard has slipped in unnoticed. It exists.
John Maynard Keynes