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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
Writing
Fewer
Inspired
Result
Revisions
Needed
Rewriting
Results
Revision
Days
Greatly
Four
Contrast
Five
Required
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Authorship of any sort is a fantastic indulgence of the ego.
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Nostalgia combines regularly with manifest respectability to give credence to old error as opposed to new truth.
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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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Very important functions can be performed very wastefully and often are.
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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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I accept the global complex and global trade more than do some of my liberal colleagues because I consider this a wise alternative to national tension and conflict.
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Where humor is concerned there are no standards - no one can say what is good or bad, although you can be sure that everyone will.
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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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The only function of economic forecasting is to make astrology look respectable.
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Inventions that are not made, like babies that are not born, are rarely missed.
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I react to what is necessary. I would like to eschew any formula.
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To add to the technostructure is to increase its power in the enterprise.
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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).
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There can be no question, however, that prolonged commitment to mathematical exercises in economics can be damaging. It leads to the atrophy of judgement and intuition. . .
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Clearly the most unfortunate people are those who must do the same thing over and over again, every minute, or perhaps twenty to the minute. They deserve the shortest hours and the highest pay.
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The myth that holds that the great corporation is the puppet of the market, the powerless servant of the consumer, is, in fact one of the devices by which its power is perpetuated.
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