“Economic stimulation that works through the increased outlays to the affluent has, inevitably, an aspect of soundness and sanity that is lacking in expenditure on behalf of the undeserving poor.”
Quote by John Kenneth Galbraith
Work
Money: Whence It Came, Where It Went
This book delves into the origins and evolution of monetary systems, examining how money has shaped societies and influenced economic activities throughout history. more
Author
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
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Source: The collected writings of John Maynard Keynes
“Scientific discovery is not valuable unless it has commercial value.”
“It's nice the know the computer understands the situation, but I would like to understand it too.”
“In inventing a model we may assume what we wish, but should avoid impossibilities.”
Source: Sir Isaac Newton's Mathematical Principles of Natural Philosophy and His System of the World