John Galbraith

John Galbraith

Canadian-American economist.
Marx profoundly affected those who did not accept his system. His influence extended to those who least supposed they were subject to it.More John Galbraith quotes [03/29/2018 05:03:36]
Those who had been riding the upward wave decide now is the time to get out. Those who thought the increase would be forever find their illusion destroyed abruptly, and they, also, respond to the newly revealed reality by selling or trying to sell. And thus the rule, supported by the experience of centuries: the speculative episode always ends not with a whimper but with a bang.More John Galbraith quotes [03/29/2018 05:03:36]
In economics, unlike fiction and the theater, there is no harm in a premature disclosure of the plot: it is to see the changes just mentioned and others as an interlocked whole.More John Galbraith quotes [03/29/2018 05:03:36]
The line dividing the state from what is called private enterprise, orat least fromthehighlyorganized part of it, is a traditional fiction.More John Galbraith quotes [03/29/2018 05:03:36]
I am not quite sure what the advantage is in having a few more dollars to spend if the air is too dirty to breathe, the water too polluted to drink, the commuters are losing out in the struggle to get in and out of the city, the streets are filthy, and the schools so bad that the young perhaps wisely stay away, and the hoodlums roll citizens for some of the dollars they saved in the tax cut.More John Galbraith quotes [03/29/2018 05:03:36]

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