In The Long Run We Are All

Nothing Mattered Except States Of Mind, Chiefly Our Own.

A Sound Banker, Alas, Is Not One Who Foresees Danger And Avoids It, But One Who, When He Is Ruined, Is Ruined In A Conventional And Orthodox Way Along With His Fellows, So That No One Can Really Blame Him. It Is Necessarily Part Of The Business Of A Banker To Maintain Appearances, And To Confess A Conventional Respectability, Which Is More Than Human. Life-long Practices Of This Kind Make Them The Most Romantic And The Least Realistic Of Men.

The Biggest Problem Is Not To Let People Accept New Ideas, But To Let Them Forget The Old Ones.

By A Continuing Process Of Inflation, Government Can Confiscate, Secretly And Unobserved, An Important Part Of The Wealth Of Their Citizens.

This Long Run Is A Misleading Guide To Current Affairs. In The Long Run We Are All Dead. Economists Set Themselves Too Easy, Too Useless A Task If In Tempestuous Seasons They Can Only Tell Us That When The Storm Is Long Past The Ocean Is Flat Again.