In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.

Quote by John Kenneth Galbraith

Topics: John Kenneth Galbraith Quotes

In the choice between changing ones mind and proving there's no need to do so,...

In the choice between changing ones mind and proving there's no need to do so,...

Few people at the beginning of the nineteenth century needed an adman to tell them...

Few people at the beginning of the nineteenth century needed an adman to tell them...

The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.

The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.

War remains the decisive human failure.

War remains the decisive human failure.

Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable...

Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable...

A person buying ordinary products in a supermarket is in touch with his deepest emotions.

A person buying ordinary products in a supermarket is in touch with his deepest emotions.

In any great organization it is far, far safer to be wrong with the majority...

In any great organization it is far, far safer to be wrong with the majority...

When people put their ballots in the boxes, they are, by that act, inoculated against...

When people put their ballots in the boxes, they are, by that act, inoculated against...

Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.

Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.

Meetings are a great trap. Soon you find yourself trying to get agreement and then...

Meetings are a great trap. Soon you find yourself trying to get agreement and then...

The salary of the chief executive of a large corporation is not a market award...

The salary of the chief executive of a large corporation is not a market award...

In all life one should comfort the afflicted, but verily, also, one should afflict the...

In all life one should comfort the afflicted, but verily, also, one should afflict the...

Nothing is so admirable in politics as a short memory.

Nothing is so admirable in politics as a short memory.

All successful revolutions are the kicking in of a rotten door.

All successful revolutions are the kicking in of a rotten door.

There is an insistent tendency among serious social scientists to think of any institution which...

There is an insistent tendency among serious social scientists to think of any institution which...

Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is...

Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is...

If it is dangerous to suppose that government is always right, it will sooner or...

If it is dangerous to suppose that government is always right, it will sooner or...

Freedom is when the people can speak, democracy is when the government listens.

Freedom is when the people can speak, democracy is when the government listens.

Taxes should be continued by annual or biennial reenactments; because a constant hold by the...

Taxes should be continued by annual or biennial reenactments; because a constant hold by the...

If I were to be taken hostage, I would not plead for release nor would...

If I were to be taken hostage, I would not plead for release nor would...