Newton was not the first of the age of reason, he was the last of the magicians.
John Maynard KeynesNevertheless, if we contemplate a society with a somewhat stable wage-unit, with national characteristics which determine the propensity to consume and the preference for liquidity, and with a monetary system which rigidly links the quantity of money to the stock of the precious metals, it will be essential for the maintenance of prosperity that the authorities should pay close attention to the state of the balance of trade. For a favourable balance, provided it is not too large, will prove extremely stimulating; whilst an unfavourable balance may soon produce a state of persistent depression.
John Maynard KeynesExperience shows that what happens is always the thing against which one has not made provision in advance.
John Maynard KeynesOnce we allow ourselves to be disobedient to the test of an accountant's profit, we have begun to change our civilization.
John Maynard Keynes