Americans are apt to be unduly interested in discovering what average opinion believes average opinion to be.
John Maynard KeynesHe had one illusion - France; and one disillusion - mankind, including Frenchmen.
John Maynard KeynesThe 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.
John Maynard KeynesIt is preferable to regard labour, including, of course, the personal services of the entrepreneur, and his assistants, as the sole factor of production, operating in a given environment of technique, natural resources, capital equipment and effective demand. This is why we have been able to take labour as the sole physical unit which we require in our economic system, apart from units of money and of time.
John Maynard Keynes