There can be few fields of human endeavor in which history … - John Kenneth Galbraith

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There can be few fields of human endeavor in which history counts for so little as in the world of finance.

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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In the assumption that power belongs as a matter of course to capital, all economists are Marxians.

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.

In the modern economy, a slightly bizarre fact, production is now more necessary for the employment it provides than for the goods and services it supplies.

There can be few fields of human endeavor in which history counts for so little as in the world of finance. - John Kenneth Galbraith

About John Kenneth Galbraith

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