In this autumn of 1919, in which I write, we are at the dead season of our fortunes.
John Maynard KeynesI think that Capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative system yet in sight, but that in itself is in many ways extremely objectionable.
John Maynard KeynesNor should the argument seem strange that taxation may be so high as to defeat its object, and that, given sufficient time to gather the fruits, a reduction of taxation will run a better chance than an increase of balancing the budget.
John Maynard KeynesIt would not be foolish to contemplate the possibility of a far greater progress still.
John Maynard Keynes