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John Kenneth Galbraith Quotes(https://encrypted-tbn3.gstatic.com/images?q=tbn:ANd9GcS3tbiXWT6O1Ky3-jos_-p1C5UCSVsewVhFhdvlLkfWcD2AHmZr38nMkg)
A Canadian-American economist. John Kenneth "Ken" Galbraith, (October 15, 1908 – April 29, 2006) was a Canadian-American economist. He was a Keynesian and an institutionalist, a leading proponent of 20th-century political liberalism. His books on economic topics were bestsellers from the 1950s through the 2000s and he filled the role of public intellectual from the 50's to the 1970s on matters of economics.
Here are some famous quotes by John Kenneth Galbraith.
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In economics the majority is always wrong.
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When people are least sure they are often most dogmatic.
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More die in the United States of too much food than of too little.
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The more underdeveloped the country the more overdeveloped the women.
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Economics is extremely useful as a form of employment for economists.
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If all else fails immortality can always be assured by spectacular error.
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Under capitalism man exploits man. Under communism it's just the opposite.
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Politics is the art of choosing between the disastrous and the unpalatable.
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Wealth in even the most improbable cases manages to convey the aspect of intelligence.
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No intelligence system can predict what a government will do if it doesn't know itself.
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A person buying ordinary products in a supermarket is in touch with his deepest emotions.
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The conspicuously wealthy turn up urging the character-building value of privation for the poor.
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Few people at the beginning of the nineteenth century needed an adman to tell them what they wanted.
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I have never understood why one's affections must be confined as once with women to a single country.
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Washington is a place where men praise courage and act on elaborate personal cost-benefit calculations.
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Technology means the systematic application of scientific or other organized knowledge to practical tasks.
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There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.
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Money differs from an automobile or mistress in being equally important to those who have it and those who do not.
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Liberalism is I think resurgent. One reason is that more and more people are so painfully aware of the alternative.
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People of privilege will always risk their complete destruction rather than surrender any material part of their advantage.
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Wealth is not without its advantages and the case to the contrary although it has often been made has never proved widely persuasive.
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Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention but it has no persuasive value at all.
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Humour is richly rewarding to the person who employs it. It has some value in gaining and holding attention. But it has no persuasive value at all.
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is the search for a superior moral justification for selfishness.
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If a man didn't make sense the Scotch felt it was misplaced politeness to try to keep him from knowing it. Better that he be aware of his reputation for this would encourage reticence which goes well with stupidity.
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If a man didn't make sense the Scotch felt it was misplaced politeness to try to keep him from knowing it. Better that he be aware of his reputation for this would encourage reticence which goes well with stupidity.
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I was brought up in southwestern Ontario where we were taught that Canadian patriotism should not withstand anything more than a five-dollar-a-month wage differential. Anything more than that and you went to Detroit.
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In all modern depressions recessions or growth-correction as variously they are called we never miss the goods that are not produced. We miss only the opportunities for the labour - for the jobs - that are not provided.