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John Maynard Keynes Quotes: When the facts change, I change my mind. What do you do, sir?
         

When the facts change, I change my mind. What do you do, sir?


John Maynard Keynes
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When the facts change, I change my mind. What do you do, sir?
         



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Other quotes of John Maynard Keynes


The difficulty lies, not in the new ideas, but in escaping from the old ones.

The difficulty lies, not in the new ideas, but in escaping from the old ones.



Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all.

Capitalism is the extraordinary belief that the nastiest of men, for the nastiest of reasons, will somehow work for the benefit of us all.



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

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



When the facts change, I change my mind.

When the facts change, I change my mind.



It is better to be roughly right than precisely wrong.

It is better to be roughly right than precisely wrong.



The biggest problem is not to let people accept new ideas, but to let them forget the old ones.

The biggest problem is not to let people accept new ideas, but to let them forget the old ones.



If farming were to be organised like the stock market, a farmer would sell his farm in the morning when it was raining, only to buy it back in the afternoon when the sun came out.

If farming were to be organised like the stock market, a farmer would sell his farm in the morning when it was raining, only to buy it back in the afternoon when the sun came out.



The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.

The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.



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

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



The boom, not the slump, is the right time for austerity at the Treasury.

The boom, not the slump, is the right time for austerity at the Treasury.





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Quote Description


This page presents the quote "When the facts change, I change my mind. What do you do, sir?". Author of this quote is John Maynard Keynes. This quote is about openness, humility,.