In economics, the majority is always wrong.

Quote by John Kenneth Galbraith

Topics: John Kenneth Galbraith Quotes

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,...

More die in the United States of too much food than of too little.

More die in the United States of too much food than of too little.

Economics is extremely useful as a form of employment for economists.

Economics is extremely useful as a form of employment for economists.

Nothing is so admirable in politics as a short memory.

Nothing is so admirable in politics as a short memory.

The Metropolis should have been aborted long before it became New York, London or Tokyo.

The Metropolis should have been aborted long before it became New York, London or Tokyo.

People who are in a fortunate position always attribute virtue to what makes them so...

People who are in a fortunate position always attribute virtue to what makes them so...

Commencement oratory must eschew anything that smacks of partisan politics, political preference, sex, religion or...

Commencement oratory must eschew anything that smacks of partisan politics, political preference, sex, religion or...

A bad book is the worse that it cannot repent. It has not been the...

A bad book is the worse that it cannot repent. It has not been the...

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...

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

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

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...

We have escapist fiction, so why not escapist biography?

We have escapist fiction, so why not escapist biography?

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.

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...

What is called a high standard of living consists, in considerable measure, in arrangements for...

What is called a high standard of living consists, in considerable measure, in arrangements for...

We can safely abandon the doctrine of the eighties, namely that the rich were not...

We can safely abandon the doctrine of the eighties, namely that the rich were not...

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...

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...

My first glance fell on your heart.

My first glance fell on your heart.

Angelina Jolie and I love each other. IF that's unusual these days, that's sad.

Angelina Jolie and I love each other. IF that's unusual these days, that's sad.

Love is like seaweed; even if you have pushed it away, you will not prevent...

Love is like seaweed; even if you have pushed it away, you will not prevent...