The only function of economic forecasting is to make astrology look respectable.
Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy — what an older and less e… - John Kenneth Galbraith
Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy — what an older and less e…
- John Kenneth Galbraith
People of privilege will always risk their complete destruction rather than surrender any material part of their advantage. - John Kenneth Galbraith
People of privilege will always risk their complete destruction rather than surrender any material part of their advantage.
There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know. - John Kenneth Galbraith
There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know.
The huge capacity to purchase submission that goes with any large sum of money, well, this we have. This is a power of which we should all be aware. - John Kenneth Galbraith
The huge capacity to purchase submission that goes with any large sum of money, well, this we have. This is a power of which we should all be aware.
Under capitalism, man exploits man. Under communism, it's just the opposite. - John Kenneth Galbraith
Under capitalism, man exploits man. Under communism, it's just the opposite.
Wealth, in even the most improbable cases, manages to convey the aspect of intelligence. - John Kenneth Galbraith
Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.
If you feed enough oats to the horse, some will pass through to feed the sparrows (referring to "trickle down" economics). - John Kenneth Galbraith
If you feed enough oats to the horse, some will pass through to feed the sparrows (referring to "trickle down" economics).
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
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.
No solution [to the problem of poverty] is so effective as providing income to the poor. Whether in the form of food, housing, health services, educa… - John Kenneth Galbraith
No solution [to the problem of poverty] is so effective as providing income to the poor. Whether in the form of food, housing, health services, educa…
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