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We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much.
John Kenneth Galbraith
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John Kenneth Galbraith
Age: 97 †
Born: 1908
Born: October 15
Died: 2006
Died: April 29
Diplomat
Economist
Non-Fiction Writer
Politician
University Teacher
John K. Galbraith
Rich
Working
Eighties
Poor
Safely
Money
Namely
Littles
Eighty
Little
Abandon
Much
Doctrine
Economy
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If people are hungry, ill-clad, unsheltered or diseased, nothing is so important as to remedy their condition.
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It has been the acknowledged right of every Marxist scholar to read into Marx the particular meaning that he himself prefers and to treat all others with indignation.
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Of late I have searched diligently to discover the advantages of age, and there is, I have concluded, only one. It is that lovely women treat your approaches with understanding rather than with disdain.
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All writers know that on some golden mornings they are touched by the wand they are on intimate terms with poetry and cosmic truth. I have experienced these moments myself. Their lesson is simple: It's a total illusion. And the danger in the illusion is that you will wait for those moments.
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If all else fails immortality can always be assured by adequate error.
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When people are least sure, they are often most dogmatic.
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Authorship of any sort is a fantastic indulgence of the ego.
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Preservationists are the only people in the world who are invariably confirmed in their wisdom after the fact.
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Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.
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No nice philosophical point has ever been so decisively resolved as this: that those who are not conceived do not miss the pleasure of consuming the goods they do not get born to enjoy.
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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.
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There's no question that in my lifetime, the contrast between what I called private affluence and public squalor has become very much greater.
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Financial operations do not lend themselves to innovation. What is recurrently so described and celebrated is, without exception, a small variation on an established design . . . The world of finance hails the invention of the wheel over and over again, often in a slightly more unstable version.
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American university presidents are a nervous breed I have never thought well of them as a class.
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A wrong decision isn't forever it can always be reversed. The losses from a delayed decision are forever they can never be retrieved.
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There is something wonderful in seeing a wrong-headed majority assailed by truth.
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No society ever seems to have succumbed to boredom. Man has developed an obvious capacity for surviving the pompous reiteration of the commonplace.
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The size of General Motors is in the service not of monopoly or the economies of scale but of planning.
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The conspicuously wealthy turn up urging the character building values of the privation of the poor.
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