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John Kenneth Galbraith Quotes: The experience of being disastrously wrong is salutary, no economist should be denied it, and not many are.
         

The experience of being disastrously wrong is salutary, no economist should be denied it, and not many are.


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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At times we must forgive others even when they don’t deserve it. We forgive them because we deserve it. Free yourself.

At times we must forgive others even when they don’t deserve it. We forgive them because we deserve it. Free yourself.



Be careful with this one" said Dina, bending down to greet the cat. "All cats are half jinn, but I think she's three quarters.

Be careful with this one" said Dina, bending down to greet the cat. "All cats are half jinn, but I think she's three quarters.



In strife who inquires whether stratagem or courage was used?

In strife who inquires whether stratagem or courage was used?



We live in an ironic society where even play is turned into work. But the highest existence is not work; the highest level of existence is play.

We live in an ironic society where even play is turned into work. But the highest existence is not work; the highest level of existence is play.



Kids have to be taught to hate.

Kids have to be taught to hate.



I know first-hand the challenges that come with being an on-the-go mom, and I am constantly looking for great products that fit into my busy schedule. I've tried every goop and elixir known to man.

I know first-hand the challenges that come with being an on-the-go mom, and I am constantly looking for great products that fit into my busy schedule. I've tried every goop and elixir known to man.



The theory of meaning says that joining and serving in things larger than you that you believe in while using your highest strengths is a recipe for meaning.

The theory of meaning says that joining and serving in things larger than you that you believe in while using your highest strengths is a recipe for meaning.



We are more capable of turning around our global health crisis than we think.

We are more capable of turning around our global health crisis than we think.



You don't have to be noisy to be effective.

You don't have to be noisy to be effective.




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This page presents the quote "The experience of being disastrously wrong is salutary, no economist should be denied it, and not many are.". Author of this quote is John Kenneth Galbraith. This quote is about economist, experience, politics, denied, political,.