In a regime of Free Trade and free economic intercourse it would be of little consequence that iron lay on one side of a political frontier, and labour, coal, and blast furnaces on the other. But as it is, men have devised ways to impoverish themselves and one another; and prefer collective animosities to individual happiness.
John Maynard KeynesThey offer me neither food nor drink - intellectual nor spiritual consolation... [Conservatism] leads nowhere; it satisfies no ideal; it conforms to no intellectual standard, it is not safe, or calculated to preserve from the spoilers that degree of civilization which we have already attained.
John Maynard KeynesIt is the duty of the long-term investor to endure great losses with equanimity.
John Maynard KeynesI do not know which makes a man more conservative - to know nothing but the present, or nothing but the past.
John Maynard KeynesHe had one illusion - France; and one disillusion - mankind, including Frenchmen.
John Maynard Keynes