In economics, the majority is always wrong.

Quote by John Kenneth Galbraith

Topics: John Kenneth Galbraith Quotes

The total alteration in underlying circumstances has not been squarely faced, As a result, we...

The total alteration in underlying circumstances has not been squarely faced, As a result, we...

In economics it is a far, far wiser thing to be right than to be...

In economics it is a far, far wiser thing to be right than to be...

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,...

Money differs from an automobile or mistress in being equally important to those who have...

Money differs from an automobile or mistress in being equally important to those who have...

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that...

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that...

In economics, the majority is always wrong.

In economics, the majority is always wrong.

Where humor is concerned there are no standards - no one can say what is...

Where humor is concerned there are no standards - no one can say what is...

Nothing is so admirable in politics as a short memory.

Nothing is so admirable in politics as a short memory.

Humor is richly rewarding to the person who employs it. It has some value in...

Humor is richly rewarding to the person who employs it. It has some value in...

It is a commonplace of modern technology that problems have solutions before there is knowledge...

It is a commonplace of modern technology that problems have solutions before there is knowledge...

You will find that the State is the kind of organization which, though it does...

You will find that the State is the kind of organization which, though it does...

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 great dialectic in our time is not, as anciently and by some still supposed,...

The great dialectic in our time is not, as anciently and by some still supposed,...

There's a certain part of the contented majority who love anybody who is worth a...

There's a certain part of the contented majority who love anybody who is worth a...

There are few ironclad rules of diplomacy but to one there is no exception. When...

There are few ironclad rules of diplomacy but to one there is no exception. When...

Where humor is concerned there are no standards - no one can say what is...

Where humor is concerned there are no standards - no one can say what is...

Faced with the choice between changing one's mind and proving that there is no need...

Faced with the choice between changing one's mind and proving that there is no need...

Politics is not the art of the possible. It consists in choosing between the disastrous...

Politics is not the art of the possible. It consists in choosing between the disastrous...

We mean by ''politics'' the people's business - the most important business there is.

We mean by ''politics'' the people's business - the most important business there is.

Trying to take money out of politics is like trying to take jumping out of...

Trying to take money out of politics is like trying to take jumping out of...