For at least another hundred years we must pretend to ourselves and to every one that fair is foul and foul is fair; for foul is useful and fair is not. Avarice and usury and precaution must be our gods for a little longer still.

The disruptive powers of excessive national fecundity may have played a greater part in bursting the bonds of convention than either the power of ideas or the errors of autocracy.

The difficulty lies not so much in developing new ideas as in escaping from old ones.

Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone.

In the long run we are all dead.

By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.

The day is not far off when the economic problem will take the back seat where it belongs, and the arena of the heart and the head will be occupied or reoccupied, by our real problems - the problems of life and of human relations, of creation and behavior and religion.

The avoidance of taxes is the only intellectual pursuit that still carries any reward.

Ideas shape the course of history.

Long run is a misleading guide to current affairs. In the long run we are all dead.

Education: the inculcation of the incomprehensible into the indifferent by the incompetent.

The decadent international but individualistic capitalism in the hands of which we found ourselves after the war is not a success. It is not intelligent. It is not beautiful. It is not just. It is not virtuous. And it doesn't deliver the goods.

If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid.

Words ought to be a little wild, for they are the assaults of thoughts on the unthinking.

I do not know which makes a man more conservative - to know nothing but the present, or nothing but the past.

Most men love money and security more, and creation and construction less, as they get older.

The importance of money flows from it being a link between the present and the future.

The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.

A study of the history of opinion is a necessary preliminary to the emancipation of the mind.

It is ideas, not vested interests, which are dangerous for good or evil.