A Quote by John Maynard Keynes

There is no intrinsic reason for the scarcity of capital.

John Maynard Keynes

Quote Topics

Capital Intrinsic Reason Scarcity

Quote Author

John Maynard Keynes
English - Economist
June 5, 1883 - April 21, 1946

But whilst there may be intrinsic reasons for the scarcity of land, there are no intrinsic reasons for the scarcity of capital.

John Maynard Keynes

Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.

David Ricardo

Capital, however capital may be defined, would practically cease to exist as an income producing fund, for the simple reason that if money, wherewith to buy capital, could be obtained for one-half of one per cent, capital itself could command no higher price.

John Buchanan Robinson

I think that the environmental movement is wisely moving away from a largely emotion-based argument for the spiritual or intrinsic value of Nature with a capital "N" and evolving toward a very hard-nosed case for the economic value of natural capital, ecosystem services, biodiversity, etc.

Edward Norton

Capitalism has created a situation called scarcity. And that scarcity is not natural, it's socially induced. Along with that sense of scarcity, or feeling of scarcity, is a feeling of economic insecurity. Along with that is a feeling of deprivation... And unless we can demonstrate that that feeling is not justified technologically, we will not be able to speak intelligently to the great majority of people and reorganize our economy so that we really know what needs are rational and human and what have been created, almost fetishisticaly, by the capitalist economy.

Murray Bookchin

In essence, the stock market represents three separate categories of business. They are, adjusted for inflation, those with shrinking intrinsic value, those with approximately stable intrinsic value, and those with steadily growing intrinsic value. The preference, always, would be to buy a long-term franchise at a substantial discount from growing intrinsic value.

Michael Burry

I see no reason for giving the capital employed in agriculture greater protection than the capital vested in other branches of trade, manufacture, or commerce.

Joseph Hume

Hunger is not caused by a scarcity of food but a scarcity of democracy.

Frances Moore Lappé

And make sure that capital structure we have in place is the right capital structure. I think that's the reason that we've been successful.

Henry Kravis

The financial doctrines so zealously followed by American companies might help optimize capital when it is scarce. But capital is abundant. If we are to see our economy really grow, we need to encourage migratory capital to become productive capital - capital invested for the long-term in empowering innovations.

Clayton M. Christensen

Michael Burry

According to classical utilitarianism, the only intrinsic good is happiness; the only intrinsic bad is pain. That implies no intrinsic value in preserving nature, that preserving an endangered plant is valuable only if it benefits humans or other animals. Intuitively, that seems wrong but perhaps I shouldn't trust my intuition here.