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In public administration good sense would seem to require that public expectation be kept at the lowest possible level in order to minimize eventual disappointment.
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
Would
Public
Require
Possible
Disappointment
Politics
Administration
Sense
Kept
Political
Expectations
Eventual
Order
Level
Minimize
Seems
Seem
Expectation
Good
Levels
Lowest
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Anyone who says he won't resign four times, will.
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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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Emancipation of belief is the most formidable of the tasks of reform and the one on which all else depends.
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More die in the United States of too much food than of too little.
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Because of his compassion Owen was always in trouble with his partners. They would have much preferred a tough, down-to-earth manager who would get a days work out of the little bastards.
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Why is anything intrinsically so valueless so obviously desirable?
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Very important functions can be performed very wastefully and often are.
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In the affluent society, no useful distinction can be made between luxuries and necessities.
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In fact, the wage-price spiral is the functional counterpart of unemployment. The latter occurs when there is insufficient demand the spiral operates when there is too much and also,unfortunately, when there is just enough.
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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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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.
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The experience of being disastrously wrong is salutary, no economist should be denied it, and not many are.
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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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Economists are economical, among other things, of ideas most make those of their graduate days do for a lifetime.
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All successful revolutions are the kicking in of a rotten door. The violence of revolutions is the violence of men who charge into a vacuum.
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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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It would be foolish to suggest that government is a good custodian of aesthetic goals. But, there is no alternative to the state.
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Washington is a place where men praise courage and act on elaborate personal cost-benefit calculations.
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