It is my guiding confession that I believe the greatest error in economics is in seeing the economy as a stable, immutable structure.
~ John Kenneth Galbraith
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It is my guiding confession that I believe the greatest error in economics is in seeing the economy as a stable, immutable structure.
~ John Kenneth Galbraith
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Total physical and mental inertia are highly agreeable, much more so than we allow ourselves to imagine.
~ John Kenneth Galbraith
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In the autumn of 1929 the mightiest of Americans were, for a brief time, revealed as human beings.
~ John Kenneth Galbraith
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By all but the pathologically romantic, it is now recognized that this is not the age of the small man.
~ John Kenneth Galbraith
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Of all classes the rich are the most noticed and the least studied.
~ John Kenneth Galbraith
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Meetings are a great trap … they are indispensable when you don’t want to do anything.
~ John Kenneth Galbraith
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When the modern corporation acquires power over markets, power in the community, power over the state and power over belief, it is a political instrument, different in degree but not in kind from the state itself.
~ John Kenneth Galbraith
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The enemy of the conventional wisdom is not ideas but the march of events.
~ John Kenneth Galbraith
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Economics is not an exact science.
~ John Kenneth Galbraith
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In the assumption that power belongs as a matter of course to capital, all economists are Marxians.
~ John Kenneth Galbraith
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