It is better to be roughly right than precisely wrong.
More Quotes from John Maynard, Baron Keynes of Tilton:
The love of money as a possession as distinguished from the love of money as a means to the enjoyments and realities of life will be recognized for what it is, a somewhat disgusting morbidity, one of those semi-criminal, semi-pathological propensities which one hands over with a shudder to the specialists in mental disease.John Maynard, Baron Keynes of Tilton
The difficulty lies, not in the new ideas, but in escaping the old ones, which ramify, for those brought up as most of us have been, into every corner of our minds.
John Maynard, Baron Keynes of Tilton
The engine which drives Enterprise is not Thrift, but Profit.
John Maynard, Baron Keynes of Tilton
It has been pointed out already that no knowledge of probabilities, less in degree than certainty, helps us to know what conclusions are true, and that there is no direct relation between the truth of a proposition and its probability. Probability begins and ends with probability.
John Maynard, Baron Keynes of Tilton
There are no intrinsic reasons for the scarcity of capital.
John Maynard, Baron Keynes of Tilton
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