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John Kenneth Galbraith Quotes: There is an old saying, or should be, that it is a wise economist who recognizes the scope of his own generalizations.
         

There is an old saying, or should be, that it is a wise economist who recognizes the scope of his own generalizations.


John Kenneth Galbraith
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There is an old saying, or should be, that it is a wise economist who recognizes the scope of his own generalizations.
         



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"John Kenneth Galbraith Quotes." Quoteslyfe.com, 2024. Tue. 05 Nov. 2024. <https://www.quoteslyfe.com/quote/There-is-an-old-saying-or-should-209919>.





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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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A "racist" thinks themselves better than other races. An "elitist" thinks they are better than everyone.

A "racist" thinks themselves better than other races. An "elitist" thinks they are better than everyone.



When people say "the people" or "the public" as though it's the final repository of all morality, I sometimes flinch.

When people say "the people" or "the public" as though it's the final repository of all morality, I sometimes flinch.



Our memories are card indexes consulted and then returned in disorder by authorities whom we do not control.

Our memories are card indexes consulted and then returned in disorder by authorities whom we do not control.



We should try to introduce our children to science today as a rebellion against poverty and ugliness and militarism and economic injustice.

We should try to introduce our children to science today as a rebellion against poverty and ugliness and militarism and economic injustice.



I write nearly every day. Some days I write for ten or eleven hours. Other days I might only write for three hours. It really depends on how fast the ideas are coming.

I write nearly every day. Some days I write for ten or eleven hours. Other days I might only write for three hours. It really depends on how fast the ideas are coming.



I understand the process of politics and the game of television.

I understand the process of politics and the game of television.



I grew six inches in a year.

I grew six inches in a year.



You don't have to fight dragons to write books. You just have to live deeply the life you've been given.

You don't have to fight dragons to write books. You just have to live deeply the life you've been given.



I think that probably, if I were 21 in this society, I would identify myself as a bisexual.

I think that probably, if I were 21 in this society, I would identify myself as a bisexual.



I'm sure Proust was a big bore.

I'm sure Proust was a big bore.




Quote Description


This page presents the quote "There is an old saying, or should be, that it is a wise economist who recognizes the scope of his own generalizations.". Author of this quote is John Kenneth Galbraith. This quote is about generalizations, economics, humor,.