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John Maynard Keynes Quotes: The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.
         

The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.


John Maynard Keynes
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"John Maynard Keynes Quotes." Quoteslyfe.com, 2024. Thu. 21 Nov. 2024. <https://www.quoteslyfe.com/quote/The-outstanding-faults-of-the-economic-society-743897>.





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Other quotes of John Maynard Keynes


The difficulty lies, not in the new ideas, but in escaping from the old ones.

The difficulty lies, not in the new ideas, but in escaping from the old ones.



Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all.

Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all.



By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.



When the facts change, I change my mind.

When the facts change, I change my mind.



It is better to be roughly right than precisely wrong.

It is better to be roughly right than precisely wrong.



The biggest problem is not to let people accept new ideas, but to let them forget the old ones.

The biggest problem is not to let people accept new ideas, but to let them forget the old ones.



If farming were to be organised like the stock market, a farmer would sell his farm in the morning when it was raining, only to buy it back in the afternoon when the sun came out.

If farming were to be organised like the stock market, a farmer would sell his farm in the morning when it was raining, only to buy it back in the afternoon when the sun came out.



Long run is a misleading guide to current affairs. In the long run we are all dead.

Long run is a misleading guide to current affairs. In the long run we are all dead.



The boom, not the slump, is the right time for austerity at the Treasury.

The boom, not the slump, is the right time for austerity at the Treasury.



Markets can remain irrational longer than you can remain solvent.

Markets can remain irrational longer than you can remain solvent.





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It is a mother's noble conceit to believe she has the power to take her child's suffering and do it for him.



The dreamy days and sticky nights of summer were already calling, as if anything could happen.

The dreamy days and sticky nights of summer were already calling, as if anything could happen.



I'm living the dream. I've got a big tour bus, an incredible band, a big house, and a family that are all taken care of through my music. I've got a beautiful wife and three beautiful kids.

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In a maturing market it's not advisable to be always everybody's darling, because you get too thin.

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Quote Description


This page presents the quote "The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.". Author of this quote is John Maynard Keynes. This quote is about failure, economic, income, outstanding, faults, distribution of wealth, employment, arbitrary, society,.