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The world of finance hails the invention of the wheel over and over again, often in a slightly more unstable version.
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
Business
Slightly
World
Finance
Version
Wheels
Versions
Hails
Investing
Hail
Invention
Unstable
Often
Wheel
More quotes by John Kenneth Galbraith
These are the days when men of all social disciplines and all political faiths seek the comfortable and the accepted when the man of controversy is looked upon as a disturbing influence when originality is taken to be a mark of instability and when, in minor modification of the original parable, the bland lead the bland.
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People who are in a fortunate position always attribute virtue to what makes them so happy.
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Talk of revolution is one of avoiding reality.
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The happiest time of anyone's life is just after the first divorce.
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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 modern corporation must manufacture not only goods but the desire for the goods it manufactures.
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In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally good or equally bad. It is the narrowest decisions that are most ardently debated.
John Kenneth Galbraith
Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof.
John Kenneth Galbraith
All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership.
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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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Both we and the Soviets face the common threat of nuclear destruction and there is no likelihood that either capitalism or communism will survive a nuclear war.
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Genius is a rising stock market.
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But there is merit even in the mentally retarded legislator. He asks the questions that everyone is afraid to ask for fear of seeming simple.
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Nothing so weakens government as persistent inflation.
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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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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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I was brought up in southwestern Ontario where we were taught that Canadian patriotism should not withstand anything more than a five-dollar-a-month wage differential. Anything more than that and you went to Detroit.
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Economists are economical, among other things, of ideas most make those of their graduate days do for a lifetime.
John Kenneth Galbraith
Economists are generally negligent of their heroes.
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More die in the United States of too much food than of too little.
John Kenneth Galbraith
