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John Kenneth Galbraith Quotes: In the market economy the price that is offered is counted upon to produce the result that is sought.
         

In the market economy the price that is offered is counted upon to produce the result that is sought.


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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In every guilty man, there is an element of innocence. This is what makes any absolute condemnation revolting. We do not think enough about pain" Albert Camus

In every guilty man, there is an element of innocence. This is what makes any absolute condemnation revolting. We do not think enough about pain" Albert Camus



I say, sir, that you can never make an intelligent judgment without evidence.

I say, sir, that you can never make an intelligent judgment without evidence.



The most amazing thing to me about the sea is the tide. A harbour like St. Ives is totally transformed in a very short space of time by the arrival or departure of the sea.

The most amazing thing to me about the sea is the tide. A harbour like St. Ives is totally transformed in a very short space of time by the arrival or departure of the sea.



Those who prefer their principles over their happiness, they refuse to be happy outside the conditions they seem to have attached to their happiness.

Those who prefer their principles over their happiness, they refuse to be happy outside the conditions they seem to have attached to their happiness.



There is no true liberty for the individual except as he finds it in the liberty of all. There is no true security for the individual except as he finds it in the security for all.

There is no true liberty for the individual except as he finds it in the liberty of all. There is no true security for the individual except as he finds it in the security for all.



Coincidence is just a safe conformist for fate.

Coincidence is just a safe conformist for fate.



Influence is the platform God gives you to help others succeed.

Influence is the platform God gives you to help others succeed.



One thing, however, I must premise, that without the assistance of natural capacity, rules and precepts are of no efficacy.

One thing, however, I must premise, that without the assistance of natural capacity, rules and precepts are of no efficacy.



It's cold out there, colder than a ticket taker's smile at the Ivar Theatre on a Saturday night.

It's cold out there, colder than a ticket taker's smile at the Ivar Theatre on a Saturday night.




Quote Description


This page presents the quote "In the market economy the price that is offered is counted upon to produce the result that is sought.". Author of this quote is John Kenneth Galbraith. This quote is about market economy, economy, produce, results,.