The General Theory of Employment, Interest and Money Quotes

“Once doubt begins it spreads rapidly.”

“The idea behind stamped money is sound.”

“Obstinacy can bring only a penalty and no reward.”

“We are, as I have said, one equation short.”

“All production is for the purpose of ultimately satisfying a consumer.”

“It would be foolish, in forming our expectations, to attach great weight to matters which are very uncertain.”

“Two pyramids, two masses for the dead, are twice as good as one; but not so two railways from London to York.”

“I am myself impressed by the great social advantages of increasing the stock of capital until it ceases to be scarce.”

“For the importance of money essentially flows from its being a link between the present and the future.”

“But whilst there may be intrinsic reasons for the scarcity of land, there are no intrinsic reasons for the scarcity of capital.”

“We reach a condition where there is a shortage of houses, but where nevertheless no one can afford to live in the houses that there are.”

“The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.”

“Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.”

“It is generally agreed that casinos should, in the public interest, be inaccessible and expensive. And perhaps the same is true of Stock Exchanges.”

“I believe that the future will learn more from the spirit of Gesell than from that of Marx.”

“Wikipedia: The General Theory of Employment, Interest and Money”

“Thus public works even of doubtful utility may pay for themselves over and over again at a time of severe unemployment, if only from the diminished cost of relief expenditure.”

“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.”

“Pyramid-building, earthquakes, even wars may serve to increase wealth, if the education of our statesmen on the principles of the classical economics stands in the way of anything better.”

“Never in history was there a method devised of such efficacy for setting each country's advantage at variance with its neighbours' as the international gold (or, formerly, silver) standard.”