Thursday, November 21, 2024 Text is available under the CC BY-SA 3.0 licence.

John Maynard Keynes

« All quotes from this author
 

It is generally agreed that casinos should, in the public interest, be inaccessible and expensive. And perhaps the same is true of Stock Exchanges.
--
Book 4, Chapter 12, Section 6, p. 159

 
John Maynard Keynes

» John Maynard Keynes - all quotes »



Tags: John Maynard Keynes Quotes, Authors starting by K


Similar quotes

 

The public be damned. What does the public care for railroads except to get as much out of them for as small a consideration as possible? I don't take any stock in this silly nonsense about working for anybody's good but our own, because we are not. When we make a move, we do it because it is in our interest to do so, and not because we expect to do somebody else good. Of course, we like to do everything possible for the benefit of humanity in general, but when we do, we first see that we are benefiting ourselves. Railroads are not run on sentiment, but on business principles and to pay, and I don't mean to be egotistic when I say that the roads which I have had anything to do with have generally paid pretty well.

 
William Henry Vanderbilt
 

The proposal of any new law or regulation of commerce which comes from this order, ought always to be listened to with great precaution, and ought never to be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention. It comes from an order of men, whose interest is never exactly the same with that of the public, who have generally an interest to deceive and even to oppress the public, and who accordingly have, upon many occasions, both deceived and oppressed it."

 
Adam Smith
 

The man who employs either his labour or his stock in a grater variety of ways than his situation renders necessary, can never hurt his neighbour by underselling him. He may hurt himself, and he generally does so. Jack of all trades will never be rich, says the proverb. But the law ought always to trust people with the care of their own interest, as in their local situations they must generally be able to judge better of it than the legislator can do.

 
Adam Smith
 

In our most Puritan of society, gambling-like other pleasures-is either taxed, restricted to certain hours, or forbidden altogether. Yet the impulse to gamble remains an eternal aspect of the irrationality of man. It finds outlets in business, war, politics, in the formal overtures of the gambling casinos, and in the less ceremonious exchanges among individuals of differing opinions.

 
Richard Arnold Epstein
 

Any public committee man who tries to pack the moral cards in the interest of his own notions is guilty of corruption and impertinence. The business of a public library is not to supply the public with the books the committee thinks good for the public, but to supply the public with the books the public wants. … Censorship ends in logical completeness when nobody is allowed to read any books except the books that nobody can read. But as the ratepayer is mostly a coward and a fool in these difficult matters, and the committee is quite sure that it can succeed where the Roman Catholic Church has made its index expurgatorius the laughing-stock of the world, censorship will rage until it reduces itself to absurdity; and even then the best books will be in danger still.

 
George Bernard Shaw
© 2009–2013Quotes Privacy Policy | Contact