One can relish the varied idiocy of human action during a panic to the full, for, while it is a time of great tragedy, nothing is being lost but money.
More Quotes from John Galbraith:
We are on the edge of a total end to civilized existenceon this planet, perhaps the end of life itself.John Galbraith
One of the little-celebrated powers of Presidents (and other high government officials) is to listen to their critics with just enough sympathy to ensure their silence.
John Galbraith
In economics it is a far, far wiser thing to be right than to be consistent
John Galbraith
Wisdom itself is often an abstraction associated not with fact or reality but with the man who asserts it and the manner of its assertion
John Galbraith
In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally good or equally bad. It is the narrowest decisions that are most ardently debated. If the world is lucky enough to enjoy peace, it may even one day make the discovery, to the horror of doctrinaire free-enterprisers and doctrinaire planners alike, that what is called capitalism and what is called socialism are both capable of working quite well.
John Galbraith
If it is dangerous to suppose that government is always right, it will sooner or later be awkward for public administration if most people suppose that it is always wrong.
John Galbraith
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Based on Topics: Money & Wealth Quotes, Time Quotes, Tragedy QuotesBased on Keywords: idiocy
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