Quotes of All Topics . Occasions . Authors
There is no harm in being sometimes wrong - especially if one is promptly found out.
In this autumn of 1919, in which I write, we are at the dead season of our fortunes.
The difficulty lies not so much in developing new ideas as in escaping from old ones.
The avoidance of taxes is the only intellectual pursuit that still carries any reward.
There is nothing so disastrous as a rational investment policy in an irrational world.
The importance of money flows from it being a link between the present and the future.
It would not be foolish to contemplate the possibility of a far greater progress still.
Words ought to be a little wild, for they are the assault of thoughts on the unthinking.
The atomic hypothesis which had worked so splendidly in Physics breaks down in Psychics.
The power to become habituated to his surroundings is a marked characteristic of mankind.
Words ought to be a little wild, for they are the assaults of thoughts on the unthinking.
But the dreams of designing diplomats do not always prosper, and we must trust the future .
Education: the inculcation of the incomprehensible into the indifferent by the incompetent.
If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.
Perhaps it is historically true that no order of society ever perishes save by its own hand.
I believe that the future will learn more from the spirit of Gesell than from that of Marx .
Most men love money and security more, and creation and construction less, as they get older.
A study of the history of opinion is a necessary preliminary to the emancipation of the mind.
It is better that a man should tyrannize over his bank balance than over his fellow-citizens.
The biggest problem is not to let people accept new ideas, but to let them forget the old ones.
The study of economics does not seem to require any specialised gifts of an unusually high order.
The friends of gold will have to be extremely wise and moderate if they are to avoid a revolution.
Well, when I get new information, I rethink my position. What, sir, do you do with new information?
Investment based on genuine long-term expectations is so difficult today as to be scarcely practicable.
The love of money as a possession...will be recognised for what it is, a somewhat disgusting morbidity.
If we aim deliberately at the impoverishment of Central Europe, vengeance, I dare predict, will not limp.
The duty of "saving" became nine-tenths of virtue and the growth of the cake the object of true religion.
Experience shows that what happens is always the thing against which one has not made provision in advance.
When the final result is expected to be a compromise, it is often prudent to start from an extreme position.
I do not know which makes a man more conservative - to know nothing but the present, or nothing but the past.
Americans are apt to be unduly interested in discovering what average opinion believes average opinion to be.
It would be foolish, in forming our expectations, to attach great weight to matters which are very uncertain.
There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.
The glory of the nation you love is a desirable end, — but generally to be obtained at your neighbor's expense.
Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.
What an extraordinary episode in the economic progress of man that age was which came to an end in August, 1914!
Economic privation proceeds by easy stages, and so long as men suffer it patiently the outside world cares little.
I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas.
I am myself impressed by the great social advantages of increasing the stock of capital until it ceases to be scarce.
The old saying holds. Owe your banker �1000 and you are at his mercy; owe him �1 million and the position is reversed.
Government machinery has been described as a marvelous labor saving device which enables ten men to do the work of one.
The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.
... a speculator is one who runs risks of which he is aware and an investor is one who runs risks of which he is unaware.
When the accumulation of wealth is no longer of high social importance, there will be great changes in the code of morals.
It is astonishing what foolish things one can temporarily believe if one thinks too long alone, particularly in economics.
Once we allow ourselves to be disobedient to the test of an accountant's profit, we have begun to change our civilization.
If you owe your bank manager a thousand pounds, you are at his mercy. If you owe him a million pounds, he is at your mercy.
The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.
Gold is a relic from a time when government's were less trustworthy in these matters (currency debasement) than they are now.
When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done