Sunday, November 24, 2019

The Wild Words Of Keynes

“Education: the inculcation of the incomprehensible into the indifferent by the incompetent.” 
“When my information changes, I alter my conclusions. What do you do, sir?” 
“If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.” 
“Practical men who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back” 
“Words ought to be a little wild for they are the assault of thoughts on the unthinking.” 
“Markets can remain irrational longer than you can remain solvent.”
– John Maynard Keynes

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