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The first goal of the technostructure is its own security.
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
Security
Goal
Firsts
First
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Nothing is more portable than rich people and their money
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Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention, but it has no persuasive value at all.
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In the world of minor lunacy the behaviour of both the utterly rational and the totally insane seems equally odd.
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When you see reference to a new paradigm you should always, under all circumstances, take cover.
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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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Speeches in our culture are the vacuum that fills a vacuum.
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Technology means the systematic application of scientific or other organized knowledge to practical tasks.
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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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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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In the conventional wisdom of conservatives, the modern search for security is regularly billed as the greatest single threat to economic progress.
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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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I do the best with what exists.
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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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Educators have yet to realize how deeply the industrial system is dependent upon them.
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A [New Yorker ] is what it has always been. It combines those who pursue the truth with those who pursue the rewards of orthodoxy and those who pursue what is comfortable to the rich.
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Agriculture is one economic activity that does not obey the laws of demand and supply.
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Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.
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The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled.
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In the early days of the crash it was widely believed that Jesse L. Livermore, a Bostonian with a large and unquestionably exaggerated reputation for bear operations, leading a syndicate that was driving the market down.
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In economics it is a far, far wiser thing to be right than to be consistent
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