The only function of economic forecasting is to make astrology look respectable.
More Quotes from John Kenneth Galbraith:
Power is not something that can be assumed or discarded at will like underwear.John Kenneth Galbraith
There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.
John Kenneth Galbraith
In economics, the majority is always wrong.
John Kenneth Galbraith
Total physical and mental inertia are highly agreeable, much more so than we allow ourselves to imagine. A beach not only permits such inertia but enforces it, thus neatly eliminating all problems of guilt. It is now the only place in our overly active world that does.
John Kenneth Galbraith
The Affluent Society.
John Kenneth Galbraith
In the choice between changing ones mind and proving there's no need to do so, most people get busy on the proof.
John Kenneth Galbraith
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Based on Topics: Economics QuotesBased on Keywords: astrology, forecasting
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