Increasingly in recent times we have come first to identify the remedy that is most agreeable, most convenient, most in accord with major pecuniary o… - John Kenneth Galbraith
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Increasingly in recent times we have come first to identify the remedy that is most agreeable, most convenient, most in accord with major pecuniary or political interest, the one that reflects our available faculty for action; then we move from the remedy so available or desired back to a cause to which that remedy is relevant.
John Kenneth Galbraith (15 October 1908 – 29 April 2006) was a Canadian-American economist and author.
Biography information from
Wikiquote·
Portrait adapted from
Wikimedia Commons, Published by Houghton Mifflin Company. Photographer is unknown. (Public domain / CC0)
Also Known As
Alternative Names:
John K. Galbraith
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John Galbraith
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J. K. Galbraith
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Ken Galbraith
Portrait from Wikimedia Commons. Credit: Published by Houghton Mifflin Company. Photographer is unknown.. Used under Public domain / CC0. Processed and styled by Quotewise.
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Authorship of any sort is a fantastic indulgence of the ego. It is well no doubt, to reflect on how much one owes to others.
La qualifica più comune di chi fa previsioni in campo economico consiste non già nel sapere, ma nel non sapere di non sapere. Il suo grande vantaggio è che tutte le previsioni, giusta o sbagliate che siano, vengono rapidamente dimenticate.
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The oldest problem in economic education is how to exclude the incompetent. A certain glib mastery of verbiage-the ability to speak portentously and sententiously about the relation of money supply to the price level-is easy for the unlearned and may even be aided by a mildly enfeebled intellect. The requirement that there be ability to master difficult models, including ones for which mathematical competence is required, is a highly useful screening device.
