More generally, the individual who gets added income as a r… - John Kenneth Galbraith

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More generally, the individual who gets added income as a result of a general inflationary movement atributes it not to larger economic causes but to his own virtue and diligence.

John Kenneth Galbraith

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About John Kenneth Galbraith

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

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Alternative Names: John K. Galbraith • John Galbraith • J. K. Galbraith • Ken Galbraith

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The second factor contributing to speculative euphoria and programmed collapse is the specious association of money and intelligence.

That one’s personal reactions signify the public reaction is not, scientifically, a defensible proposition but where the preservation of precious intellectual capital is involved, scientific method is readily sacrificed.

Ideas do not respect national frontiers, and this is especially so where language and other traditions are in common.

More generally, the individual who gets added income as a result of a general inflationary movement atributes it not to larger economic causes but to… - John Kenneth Galbraith

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