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John Kenneth Galbraith Quotes

John Kenneth Galbraith quotes

American Economist October 15, 1908 – April 29, 2006

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...the process by which wants are now synthesized is a potential source of economic instability. Production and therewith employment and social security are dependent on an inherently unstable process of consumer debt creation. This may one day falter. John Kenneth Galbraith
John Kenneth Galbraith quote: "Under capitalism, man exploits man; while under socialism just..."
Under capitalism, man exploits man; while under socialism just the reverse is true. John Kenneth Galbraith
John Kenneth Galbraith quote: "If there must be madness, something may be said for having it..."
If there must be madness, something may be said for having it on a heroic scale John Kenneth Galbraith
John Kenneth Galbraith quote: "If all else fails, immortality can always be assured by..."
If all else fails, immortality can always be assured by spectacular error. John Kenneth Galbraith
John Kenneth Galbraith quote: "Milton Friedman’s misfortune is that his economic policies..."
Milton Friedman’s misfortune is that his economic policies have been tried. John Kenneth Galbraith
John Kenneth Galbraith quote: "Then the shit hit the fan."
Then the shit hit the fan. John Kenneth Galbraith
John Kenneth Galbraith quote: "We have escapist fiction, so why not escapist biography?"
We have escapist fiction, so why not escapist biography? John Kenneth Galbraith
Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive. John Kenneth Galbraith
John Kenneth Galbraith quote: "Modesty is a vastly overrated virtue."
Modesty is a vastly overrated virtue. John Kenneth Galbraith
John Kenneth Galbraith quote: "Economics is extremely useful as a form of employment for..."
Economics is extremely useful as a form of employment for economists. John Kenneth Galbraith
John Kenneth Galbraith quote: "We all agree that pessimism is a mark of superior intellect."
We all agree that pessimism is a mark of superior intellect. John Kenneth Galbraith
John Kenneth Galbraith quote: "Meetings are indispensable when you don't want to do anything."
Meetings are indispensable when you don't want to do anything. John Kenneth Galbraith
John Kenneth Galbraith quote: "In economics, the majority is always wrong."
In economics, the majority is always wrong. John Kenneth Galbraith
There are few ironclad rules of diplomacy but to one there is no exception. When an official reports that talks were useful, it can safely be concluded that nothing was accomplished. John Kenneth Galbraith

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