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John Kenneth Galbraith Quotes: Foresight is an imperfect thing - all prevision in economics is imperfect.
         

Foresight is an imperfect thing - all prevision in economics is imperfect.


John Kenneth Galbraith
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"John Kenneth Galbraith Quotes." Quoteslyfe.com, 2024. Sun. 03 Nov. 2024. <https://www.quoteslyfe.com/quote/Foresight-is-an-imperfect-thing-all-prevision-740952>.





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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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When it comes to matters of dealing with the Government, one has to go through red tape just to get to the actual red tape.

When it comes to matters of dealing with the Government, one has to go through red tape just to get to the actual red tape.



Don't tell people what you're doing, tell them what you did!

Don't tell people what you're doing, tell them what you did!



Killing of an innocent, alike killing of humanity.

Killing of an innocent, alike killing of humanity.



Everything in life that we really accept undergoes a change. So suffering must become love. That is the mystery.

Everything in life that we really accept undergoes a change. So suffering must become love. That is the mystery.



For health and the constant enjoyment of life, give me a keen and ever present sense of humor; it is the next best thing to an abiding faith in providence.

For health and the constant enjoyment of life, give me a keen and ever present sense of humor; it is the next best thing to an abiding faith in providence.



Nothing spiritual to write? Then have spiritual experiences.

Nothing spiritual to write? Then have spiritual experiences.



With no guilt and no shame, no sorrow or blame. Whatever it is, we are all the same.

With no guilt and no shame, no sorrow or blame. Whatever it is, we are all the same.



Civilization is a natural and inevitable consequence - whether good or evil I am not prepared to state.

Civilization is a natural and inevitable consequence - whether good or evil I am not prepared to state.



When we become negative and ungrateful, it is important to remember... We have met the enemy; and he is us.

When we become negative and ungrateful, it is important to remember... We have met the enemy; and he is us.



No matter what our situation is, there's always a way to celebrate life and there's always a way to start again.

No matter what our situation is, there's always a way to celebrate life and there's always a way to start again.




Quote Description


This page presents the quote "Foresight is an imperfect thing - all prevision in economics is imperfect.". Author of this quote is John Kenneth Galbraith. This quote is about foresight, prevision, economics, imperfect things, imperfect,.