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Quote by John Kenneth Galbraith

“Economics is not an exact science.”

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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

“The charge that an idea is radical, impractical, or long- haired is met by showing that a prominent businessman has favored it?an additional tactic in this strategy of defense?is to assert that Winston Churchill once sponsored the particular idea. If one is challenged, a sufficiently careful investigation will show that he did.”

Ifs Long Ideas Shows Particular Mets Strategy Careful Defense Radical Investigation Businessman Tactics Prominent

Author:John Kenneth Galbraith

“Few things are as immutable as the addiction of political groups to the ideas by whichthey have once won office.”

Ideas Political Groups Office Addiction Political Groups

Author:John Kenneth Galbraith

“Much discussion of money involves a heavy overlay of priestly incantation.”

Heavy Discussion

Author:John Kenneth Galbraith

“Much of the world's work, it has been said, is done by men who do not feel quite well. Marx is a case in point.”

Men World Feels Wells Has Beens Said Done Cases Working It

Author:John Kenneth Galbraith

“In 1929 the discovery of the wonders of the geometric series struck Wall Street with a force comparable to the invention of the wheel.”

Force Wonder Streets Wall Discovery Series Invention Wheels Geometric

Book:THE GREAT CRASH 1929

Source: THE GREAT CRASH 1929

“Even the word depression itself was the terminological product of an effort to soften the connotation of deep trouble. In the last century, the term crisis was normally employed. With time, however, this acquired the connotation of the misfortune it described.”

Lasts Term Effort Trouble Century Products Crisis Misfortunes Employed Connotation

Book:The affluent society

Source: The affluent society

“Ideas do not respect national frontiers, and this is especially so where language and other traditions are in common.”

Ideas Language Common Tradition Frontiers

Book:The affluent society

Source: The affluent society

“Expectations are a form of first-class truth: If people believe it, it's true.”

People Ifs Inspirational Firsts Believe Form Leadership Class Expectations First Class

Author:Bill Gates

Quote by John Kenneth Galbraith

Author

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