Quotessence
Home / Quotes / Quote by John Kenneth Galbraith

Quote by John Kenneth Galbraith

“When you see reference to a new paradigm you should always, under all circumstances, take cover. Because ever since the great tulipmania in 1637, speculation has always been covered by a new paradigm. There was never a paradigm so new and so wonderful as the one that covered John Law and the South Sea Bubble - until the day of disaster.”

Quote by John Kenneth Galbraith

Create image

Author

John Kenneth Galbraith
John Kenneth Galbraith

John Kenneth Galbraith was a renowned economist known for his research on economic cycles, market structures, and government policies. His works have had a profound impact on economic theory and policy practice. more

You May Also Like

“People who think of themselves as tough-minded and realistic, among them influential political leaders and businessmen as well as go-getters and hustlers of smaller caliber, tend to take it for granted that human nature is selfish and that life is a struggle in which only the fittest may survive. According to this philosophy, the basic law by which man must live, in spite of his surface veneer of civilization, is the law of the jungle. The "fittest" are those who can bring to the struggle superior force, superior cunning, and superior ruthlessness.”

PeopleThinkingMenHumansWellsMayPhilosophyLawPoliticalLife IsForceLeaderStruggleHuman NatureCivilizationToughSurfaceSelfishSuperiorsGrantedSpiteRealisticBusinessmanJungleCunningInfluentialPolitical LeadersCaliberRuthlessnessVeneerLife Is A Struggle
Author:S. I. Hayakawa
Create image

“In the case of drama (stage, movies, television ), there appear to be people in almost every audience who never quite fully realize that a play is a set of fictional, symbolic representations. An actor is one who symbolizes other people, real or imagined. [...] Also some years ago it was reported that when Edward G. Robinson, who used to play gangster roles with extraordinary vividness, visited Chicago, local hoodlums would telephone him at his hotel to pay their professional respects.”

PeopleYearsRealPlayUsedActorsRealizingPayRolesCasesAudienceStageTelevisionDramaYears AgoExtraordinaryLocalsHotelChicagoRepresentationTelephonesNever QuitSymbolicGangstersVividness
Author:S. I. Hayakawa
Create image

“My outlook on warfare is best illustrated by a cartoon I did some thirty-odd years ago of a soldier in an Italian foxhole reading about the Normandy invasion and observing to his buddy that: "The hell this ain't the most important hole in the world . I'm in it.”

WorldYearsImportantReadingHellYears AgoSoldierHolesOddThirtyItalianWarfareCartoonOutlookObservingInvasionBuddyNormandyFoxholes
Book:Mud & guts: a look at the common soldier of the American revolution
Create image