The monetary experiments of Pennsylvania and its neighbors were by no means an unconsidered reaction to circumstance. They were extensively debated a… - John Kenneth Galbraith

" "

The monetary experiments of Pennsylvania and its neighbors were by no means an unconsidered reaction to circumstance. They were extensively debated and had the energetic support of Benjamin Franklin, the most intelligent political man in the colonies and an ardent exponent of paper money. In 1729 he published his A Modest Enquiry into the Nature and Necessity of Paper Currency, a brief on behalf of paper currency... In 1736, Franklin's Pennsylvania Gazette printed an apology for its irregular appearance because its printer was "with the Press, labouring for the publick Good, to make Money more plentiful." The press was busy printing money.

English
Collect this quote

About John Kenneth Galbraith

John Kenneth Galbraith (15 October 1908 – 29 April 2006) was a Canadian-American economist and author.

Biography information from Wikiquote

Also Known As

Alternative Names: John K. Galbraith John Galbraith J. K. Galbraith Ken Galbraith
Unlimited Quote Collections

Organize your favorite quotes without limits. Create themed collections for every occasion with Premium.

Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.

Additional quotes by John Kenneth Galbraith

Scholars gather in scholarly assemblages to hear in elegant statement what all have heard before. Again, it is not a negligible rite, for its purpose is not to convey knowledge but to beatify learning and the learned.

Enhance Your Quote Experience

Enjoy ad-free browsing, unlimited collections, and advanced search features with Premium.

Loading...