Home / Quotes / Quote by John Kenneth Galbraith

Quote by John Kenneth Galbraith

“Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.”

Quote by John Kenneth Galbraith

Book:the new industrial state

Work

the new industrial state

A comprehensive analysis of the evolution of industrial sectors and the economic changes they bring, focusing on the impact of technological advancements and policy decisions. 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

You May Also Like

“A drastic reduction in weapons competition following a general release from the commitment to the Cold War would be sharply in conflict with the needs of the industrial system.”

Needs War Would Be Cold Conflict Weapons Commitment Competition Following Release Cold War Reduction Drastic

Book:the new industrial state

Source: the new industrial state

“All, the intelligent and stupid, diligent and idle, have been swept along on a current of increased output that, in the usual case, owed nothing whatever to their efforts.”

Has Beens Effort Cases Stupid Intelligent Currents Usual Idle Diligent Output

Book:the new industrial state

Source: the new industrial state

“Why is anything intrinsically so valueless so obviously desirable?”

Desirable Valueless

Book:Money: Whence It Came, Where It Went

Source: Money: Whence It Came, Where It Went

“In dealing with Mr. Nixon, it is not easy to be unfair. He invites and justifies all available criticism.”

Easy Criticism Available Justify Invites Unfair

Author:John Kenneth Galbraith

“With the American failure came world failure.”

Book:Money: Whence It Came, Where It Went

Source: Money: Whence It Came, Where It Went

“We've got to put a lot of money into changing behavior.”

Inspirational Leadership Money Behavior Lots Of Money Saving Money Behavior Change

Author:Bill Gates

“Economics is not an exact science.”

Economics Exact Sciences

Author:John Kenneth Galbraith

“The myth that holds that the great corporation is the puppet of the market, the powerless servant of the consumer, is, in fact one of the devices by which its power is perpetuated.”

Facts Myth Consumers Corporations Servant Devices Powerless Puppets

Author:John Kenneth Galbraith

“There was something superficial in attributing anything so awful as the Great Depression to anything so insubstantial as speculation in common stocks.”

Common Awful Superficial Speculation Great Depression

Book:Money: Whence It Came, Where It Went

Source: Money: Whence It Came, Where It Went

“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