He had one illusion - France; and one disillusion - mankind, including Frenchmen.
John Maynard KeynesIf you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.
John Maynard KeynesIt is not the ownership of the instruments of production which it is important for the State to assume. If the State is able to determine the aggregate amount of resources devoted to augmenting the instruments and the basic rate of reward to those who own them, it will have accomplished all that is necessary. Moreover, the necessary measures of socialization can be introduced gradually and without a break in the general traditions of society.
John Maynard Keynes