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John Kenneth Galbraith Quotes: A point must be repeated: only the pathological weakness of the financial memory...allows us to believe that the modern experience of....debt...is in any way a new phenomenon.
         

A point must be repeated: only the pathological weakness of the financial memory...allows us to believe that the modern experience of....debt...is in any way a new phenomenon.


John Kenneth Galbraith
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Other quotes of John Kenneth Galbraith


The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.



Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.

Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.



Under capitalism, man exploits man. Under communism, it's just the opposite.

Under capitalism, man exploits man. Under communism, it's just the opposite.



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.

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.



Economics is extremely useful as a form of employment for economists.

Economics is extremely useful as a form of employment for economists.



If all else fails immortality can always be assured by adequate error.

If all else fails immortality can always be assured by adequate error.



The process by which banks create money is so simple that the mind is repelled.

The process by which banks create money is so simple that the mind is repelled.



There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.

There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.



Simple minds, presumably, are the easiest to manage.

Simple minds, presumably, are the easiest to manage.



Every corner of the public psyche is canvassed by some of the most talented citizens to see if the desire for some merchandisable product can be cultivated.

Every corner of the public psyche is canvassed by some of the most talented citizens to see if the desire for some merchandisable product can be cultivated.





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followers have a very clear picture of what they want and need from the most influential leaders in their lives: trust, compassion, stability, and hope

followers have a very clear picture of what they want and need from the most influential leaders in their lives: trust, compassion, stability, and hope



There is a difference between a person who is dying and a person who is suicidal. I do not want to die. I am dying.

There is a difference between a person who is dying and a person who is suicidal. I do not want to die. I am dying.



To win it all, winners have to be obsessive about the fundamentals and doing the little things right.

To win it all, winners have to be obsessive about the fundamentals and doing the little things right.



Thirty, thirty-five, forty, all had come to visit her like admonitory relatives, and all had slipped away without a trace, without a sound, and now, once again, she was waiting.

Thirty, thirty-five, forty, all had come to visit her like admonitory relatives, and all had slipped away without a trace, without a sound, and now, once again, she was waiting.



I hated going to school, mainly because my sister would drive me and she would put her make-up on while she drove. That's dangerous. That should be illegal.

I hated going to school, mainly because my sister would drive me and she would put her make-up on while she drove. That's dangerous. That should be illegal.



There is nothing more terrifying than the absoluteness of one who believes he's right.

There is nothing more terrifying than the absoluteness of one who believes he's right.



No increase in the welfare of the member of society can result from the availability of an additional quantity of money.

No increase in the welfare of the member of society can result from the availability of an additional quantity of money.



The fans have made my dreams come true. For that, I'm super grateful.

The fans have made my dreams come true. For that, I'm super grateful.



The method of magnitude estimation provided a direct measure of sensation.

The method of magnitude estimation provided a direct measure of sensation.



When caught in conflict and blame - make a U-turn and shift your attention from blaming thoughts to what's going on emotionally in your body.

When caught in conflict and blame - make a U-turn and shift your attention from blaming thoughts to what's going on emotionally in your body.




Quote Description


This page presents the quote "A point must be repeated: only the pathological weakness of the financial memory...allows us to believe that the modern experience of....debt...is in any way a new phenomenon.". Author of this quote is John Kenneth Galbraith. This quote is about memories, modern, way, phenomenon, weakness, financial, debt, believe, experience,.