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Maxioms by John Kenneth Galbraith

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The total alteration in underlying circumstances has not been squarely faced, As a result, we are guided, in part, by read more

The total alteration in underlying circumstances has not been squarely faced, As a result, we are guided, in part, by ideas that are relevant to another world. ... We do many things that are unnecessary, some that are unwise, and a few that are insane.

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In economics, the majority is always wrong.

In economics, the majority is always wrong.

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Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention, but read more

Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention, but it has no persuasive value at all.

by John Kenneth Galbraith Found in: Humor Quotes,
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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.

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One of the greatest pieces of economic wisdom is to know what you do not know.

One of the greatest pieces of economic wisdom is to know what you do not know.

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