John Galbraith

John Galbraith

Canadian-American economist.
The experience of being disastrously wrong is salutary, no economist should be denied it, and not many are.More John Galbraith quotes [03/29/2018 05:03:36]
Politics is the art of choosing between the disastrous and the unpalatable.More John Galbraith quotes [08/15/2011 05:08:57]
Total physical and mental inertia are highly agreeable, much more so than we allow ourselves to imagine. A beach not only permits such inertia but enforces it, thus neatly eliminating all problems of guilt. It is now the only place in our overly active world that does.More John Galbraith quotes [03/29/2018 05:03:36]
The oldest problem in economic education is how to exclude the incompetent. A certain glib mastery of verbiage-the ability to speak portentously and sententiously about the relation of money supply to the price level-is easy for the unlearned and may even be aided by a mildly enfeebled intellect. The requirement that there be ability to master difficult models, including ones for which mathematical competence is required, is a highly useful screening device.More John Galbraith quotes [03/29/2018 05:03:36]
Under the privilege of the First Amendment many, many ridiculous things are said.More John Galbraith quotes [03/29/2018 05:03:36]

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