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There's a certain part of the contented majority who love anybody who is worth a billion dollars.
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
Anybody
Worth
Politics
Political
Contented
Part
Billion
Certain
Billions
Love
Dollars
Majority
More quotes by John Kenneth Galbraith
In recent times no problem has been more puzzling to thoughtful people than why, in a troubled world, we make such poor use of our affluence.
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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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There was something superficial in attributing anything so awful as the Great Depression to anything so insubstantial as speculation in common stocks.
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The greater the wealth the thicker will be the dirt.
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Meetings are a great trap. Soon you find yourself trying to get agreement and then the people who disagree come to think they have a right to be persuaded. However, they are indispensable when you don't want to do anything.
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Economists are generally negligent of their heroes.
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Men will look back in amusement at the pretence that once caused people to refer to General Dynamics and North American Aviation and AT&T as private business.
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Economics is not an exact science.
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It is not the individual's right to buy that is being protected. Rather, it is the seller's right to manage the individual.
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Unemployment is rarely considered desirable except by those who have not experienced it.
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This is a world inhabited not by people who have to be persuaded to believe but by people who want an excuse to believe.
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Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.
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To see economic policy as a problem of choice between rival ideologies is the greatest error of our time.
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A good rule of conversation is never answer a foolish question.
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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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Originality is something that is easily exaggerated, especially by authors contemplating their own work.
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All crises have involved debt that, in one fashion or another, has become dangerously out of scale in relation to the underlying means of payment.
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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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Who is king in the world of the blind when there isn't even a one eyed man?
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When people are least sure, they are often most dogmatic.
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