John Maynard Keynes Quotes About Authority

We have collected for you the TOP of John Maynard Keynes's best quotes about Authority! Here are collected all the quotes about Authority starting from the birthday of the Economist – June 5, 1883! We hope you will be inspired to new achievements with our constantly updated collection of quotes. At the moment, this page contains 3 sayings of John Maynard Keynes about Authority. We will be happy if you share our collection of quotes with your friends on social networks!
  • Nevertheless, if we contemplate a society with a somewhat stable wage-unit, with national characteristics which determine the propensity to consume and the preference for liquidity, and with a monetary system which rigidly links the quantity of money to the stock of the precious metals, it will be essential for the maintenance of prosperity that the authorities should pay close attention to the state of the balance of trade. For a favourable balance, provided it is not too large, will prove extremely stimulating; whilst an unfavourable balance may soon produce a state of persistent depression.

    John Maynard Keynes (2006). “General Theory Of Employment , Interest And Money”, p.307, Atlantic Publishers & Dist
  • Nothing can preserve the integrity of contact between individuals, except a discretionary authority in the state to revise what has become intolerable. The powers of uninterrupted usury are too great. If the accretions of vested interests were to grow without mitigation for many generations, half the population would be no better than slaves to the other half.

    John Maynard Keynes, Royal Economic Society (Great Britain) (1971). “The collected writings of John Maynard Keynes”
  • 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

    Believe  
    The General Theory of Employment, Interest and Money bk. 6, ch. 24 (1936)
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