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There are days when the result is so bad that no fewer than five revisions are required. In contrast, when I'm greatly inspired, only four revisions are needed.
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
Result
Revisions
Needed
Rewriting
Results
Revision
Days
Greatly
Four
Contrast
Five
Required
Writing
Fewer
Inspired
More quotes by John Kenneth Galbraith
Only in very recent times has the average man been a source of savings.
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One of my greatest pleasures in my writing has come from the thought that perhaps my work might annoy someone of comfortably pretentious position. Then comes the realization that such people rarely read.
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There is little that can be said about most economic goods. A toothbrush does little but clean teeth. Aspirin does little but dull pain. Alcohol is important mostly for making people more or less drunk ... There being so little to be said, much is to be invented.
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The modern corporation must manufacture not only goods but the desire for the goods it manufactures.
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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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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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Inflation does not lubricate trade but by rescuing traders from their errors of optimism or stupidity.
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All, the intelligent and stupid, diligent and idle, have been swept along on a current of increased output that, in the usual case, owed nothing whatever to their efforts.
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Unemployment is rarely considered desirable except by those who have not experienced it.
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In 1736, Franklin's Pennsylvania Gazette printed an apology for its irregular appearence because its printer was with the Press, labouring for the publick Good, to make Money more plentiful. The press was busy printing money.
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You roll back the stones, and you find slithering things. That is the world of Richard Nixon.
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Nothing so denies a person liberty as the total absence of money.
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In the assumption that power belongs as a matter of course to capital, all economists are Marxians.
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Pundits forecast not because they know, but because they are asked.
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What was needed was a policy that increased the supply of money available for use and then ensured its use. Then the state of trade would have to improve.
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People of privilege will always risk their complete destruction rather than surrender any material part of their advantage.
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We live surrounded by a systematic appeal to a dream world which all mature, scientific reality would reject. We, quite literally, advertise our commitment to immaturity, mendacity and profound gullibility. It is as the hallmark of the culture. And it is justified as being economically indispensable.
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I predict, not because I know, but because I'm asked.
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The spirit should never grow old.
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No grant of feudal privilege has ever equaled, for effortless return, that of the grandparent who bought and endowed his descendants with a thousand shares of General Motors or General Electric.
John Kenneth Galbraith
