Category: Keynes, John Maynard

I think that Capitalism, wisely managed, can probably be made more efficient for attaining economic ends than any alternative yet in sight, but that in itself it is in many ways extremely objectionable. Our problem is to work out a social organization which shall be as efficient as possible without offending our notions of a satisfactory way of life.

–John Maynard Keynes from The End of Laissez-Faire

“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 Keynes