Muhammad Hassan

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Adam Smith
“Wherever there is great property, there is great inequality.”
Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations

John Maynard Keynes
“When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done”
John Maynard Keynes

John Maynard Keynes
“The political problem of mankind is to combine three things: economic efficiency, social justice and individual liberty.”
John Maynard Keynes

Adam Smith
“In regards to the price of commodities, the rise of wages operates as simple interest does, the rise of profit operates like compound interest.

Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.”
Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations

John Maynard Keynes
“The difficulty lies not so much in developing new ideas as in escaping from old ones.”
John Maynard Keynes

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