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In the world of minor lunacy the behaviour of both the utterly rational and the totally insane seems equally odd.
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
Equally
Insane
Lunacy
Rational
Minor
Totally
Minors
Seems
Behaviour
World
Utterly
Odd
Statistics
More quotes by John Kenneth Galbraith
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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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The family which takes it mauve and cerise, air conditioned, power-steered, and power braked automobile out for a tour passes through cities that are badly paved, made hideous by litter, blighted buildings, billboards, and posts for wires that should long since have been put underground.
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The only function of economic forecasting is to make astrology look respectable.
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Nothing is more portable than rich people and their money
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I've become accustomed to supporting politicians who are more conservative than I am. This is not entirely a surprise.
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Anyone who says he won't resign four times, will.
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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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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.
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If it is dangerous to suppose that government is always right, it will sooner or later be awkward for public administration if most people suppose that it is always wrong.
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Consumer wants can have bizarre, frivolous, or even immoral origins, and an admirable case can still be made for a society that seeks to satisfy them. But the case cannot stand if it is the process of satisfying wants that create the wants.
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The seminar in economic theory conducted by Hayek at the L.S.E. in the 1930s was attended, it came to seem, by all of the economists of my generation - Nicky Kaldor , Thomas Balogh, L. K. Jah, Paul Rosenstein-Rodan, the list could be indefinitely extended. The urge to participate (and correct Hayek) was ruthlessly competitive.
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Economists are generally negligent of their heroes.
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Unemployment is rarely considered desirable except by those who have not experienced it.
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Nothing so weakens government as persistent inflation.
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There are a significant number of learned men and women who hold that any successful effort to make ideas lively, intelligible and interesting is a manifestation of deficient scholarship. This is the fortress behind which the minimally coherent regularly find refuge.
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