QUOTES OF THE DAY

4 comments

Posted on 5th February 2013 by Administrator in Economy |Politics |Social Issues

“The conventional view serves to protect us from the painful job of thinking.”
John Kenneth Galbraith

“The only function of economic forecasting is to make astrology look respectable.”
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.”
John Kenneth Galbraith

“If all else fails, immortality can always be assured by spectacular error.”
John Kenneth Galbraith

“If you feed enough oats to the horse, some will pass through to feed the sparrows (referring to “trickle down” economics).”
John Kenneth Galbraith

“All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership.”
John Kenneth Galbraith

“Under capitalism, man exploits man. Under communism, it’s just the opposite.”
John Kenneth Galbraith

“The complaints of the privileged are too often confused with the voice of the masses.”
John Kenneth Galbraith

“More die in the United States of too much food than of too little”
John Kenneth Galbraith

“There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know.”
John Kenneth Galbraith

“The family which takes its mauve an cerise, air-conditioned, power-steered and power-braked automobile out for a tour passes through cities that are badly paved, made hideous by litter, lighted buildings, billboards and posts for wires that should long since have been put underground. They pass on into countryside that has been rendered largely invisible by commercial art. (The goods which the latter advertise have an absolute priority in our value system. Such aesthetic considerations as a view of the countryside accordingly come second. On such matters we are consistent.) They picnic on exquisitely packaged food from a portable icebox by a polluted stream and go on to spend the night at a park which is a menace to public health and morals. Just before dozing off on an air mattress, beneath a nylon tent, amid the stench of decaying refuse, they may reflect vaguely on the curious unevenness of their blessings. Is this, indeed, the American genius?”
John Kenneth Galbraith

“Then the shit hit the fan.”
John Kenneth Galbraith, A Life in Our Times

4 Comments
  1. flash says:

    …There need be no ambiguity about this. Nor is it farfetched. Notice the slave laws are no longer in force, even though they had Supreme Court approval for seventy years. Is it reasonable a Constitutional Amendment invalidated the slave laws, yet another, older Amendment doesn’t invalidate the gun laws? Who today would support a “reasonable compromise” that allows owning slaves with some “common sense” conditions? Nobody. Non-negotiable is non-negotiable. And so is the right to keep and bear arms…

    – Ol’ Remus, in the latest Woodpile Report

    Overheard At A Gun Show This Weekend
    “The best part? These idiots think we’re gonna sit in our houses trembling, waiting for them. Or that we are going to line up on the village green for them to kill us all. They have no idea whatsoever that the smart boys and girls know exactly who created these little banana republic militaries in every village, town, and city. It’s going to be epic.”

    – An American

    http://westernrifleshooters.wordpress.com/

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    5th February 2013 at 9:05 am

  2. ThePessimisticChemist says:

    Do you guys recommend picking up some of Galbraith’s books?

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    5th February 2013 at 9:09 am

  3. Eddie says:

    Nope.

    He was a staunch Keynsian and a statist of the first water, and the flaws in his logic ought to be obvious by now.

    Interesting guy with a lot of bad karma to work off in his next life, imho.

    Like or Dislike: Thumb up 2 Thumb down 0

    5th February 2013 at 10:08 am

  4. ThePessimisticChemist says:

    @Eddie – Thats what I gathered from the info I read on the web. The quotes above seemed pretty pithy, but once I started looking at his other views I was turned off quickly.

    Like or Dislike: Thumb up 1 Thumb down 0

    5th February 2013 at 2:30 pm

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