John Kenneth Galbraith
John Kenneth Galbraith
John Kenneth "Ken" Galbraith, OCwas a Canadianeconomist, public official, and diplomat, and a leading proponent of 20th-century American liberalism. His books on economic topics were bestsellers from the 1950s through the 2000s, during which time Galbraith fulfilled the role of public intellectual. As an economist, he leaned toward Post-Keynesian economics from an institutionalist perspective...
NationalityAmerican
ProfessionEconomist
Date of Birth15 October 1908
CountryUnited States of America
In economics, unlike fiction and the theater, there is no harm in a premature disclosure of the plot: it is to see the changes just mentioned and others as an interlocked whole.
The fully planned economy, so far from being unpopular, is warmly regarded by those who know it best.
In economics it is a far, far wiser thing to be right than to be consistent
Foresight is an imperfect thing - all prevision in economics is imperfect.
There is an old saying, or should be, that it is a wise economist who recognizes the scope of his own generalizations.
Nothing so weakens a government as inflation.
Economics is not an exact science.
It is my guiding confession that I believe the greatest error in economics is in seeing the economy as a stable, immutable structure.
Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable must surely have beneficial economic effects.
In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.
The problem of the modern economy is not a failure of a knowledge of economics; it's a failure of a knowledge of history.
Economics is extremely useful as a form of employment for economists.
More die in the United States from too much food that from too little.
In the choice between changing ones mind and proving there's no need to do so, most people get busy on the proof.