The important thing for government is not to do things which individuals are doing already and to do them a little better or a little worse but to do those things which at present are not done at all.
More Quotes from John Maynard, Baron Keynes of Tilton:
The engine which drives Enterprise is not Thrift, but Profit.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
It is better to be roughly right than precisely wrong.
John Maynard, Baron Keynes of Tilton
Lenin is said to have declared that the best way to destroy the capitalist system was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens.... Lenin was certainly right.
John Maynard, Baron Keynes of Tilton
His Newtons peculiar gift was the power of holding continuously in his mind a purely mental problem until he had seen through it.
John Maynard, Baron Keynes of Tilton
If you owe your bank a hundred pounds, you have a problem, but if you owe a million, it has.
John Maynard, Baron Keynes of Tilton
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