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If you feed enough oats to the horse, some will pass through to feed the sparrows (referring to trickle down economics).
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
Referring
Feed
Economics
Pass
Horse
Enough
Oats
Trickle
Sparrows
More quotes by John Kenneth Galbraith
Nothing is so admirable in politics as a short memory.
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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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A point must be repeated: only the pathological weakness of the financial memory...allows us to believe that the modern experience of....debt...is in any way a new phenomenon.
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Technology means the systematic application of scientific or other organized knowledge to practical tasks.
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Ideas do not respect national frontiers, and this is especially so where language and other traditions are in common.
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Faced with having to change our views or prove that there is no need to do so, most of us immediately get busy on the proof.
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For the sake of The Progressive, I will say that [Robert] La Follette was relevant, but he was the last.
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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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In the United States all business not transacted over the telephone is accomplished in conjunction with alcohol or food, often under conditions of advanced intoxication. This is a fact of the utmost importance for the visitor of limited funds... for it means that the most expensive restaurants are, with rare exceptions, the worst.
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When people are least sure, they are often most dogmatic.
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There's a certain part of the contented majority who love anybody who is worth a billion dollars.
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Emancipation of belief is the most formidable of the tasks of reform and the one on which all else depends.
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Decision has greater virtue and force if taken after there has been eloquent dissent.
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Speeches in our culture are the vacuum that fills a vacuum.
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The first goal of the technostructure is its own security.
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I am for a close global association in trade and financial matters, rather than the opposite possibility of excessive nationalism, as manifested in the two world wars.
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At best, in such depression times, monetary policy is a feeble reed on which to lean.
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However, it is safe to say that at the peak in 1929 the number of active speculators was less - and probably was much less - than a million.
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I react to what is necessary. I would like to eschew any formula.
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Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention, but it has no persuasive value at all.
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