John Kenneth Galbraith citáty

John Kenneth Galbraith fotka
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John Kenneth Galbraith

Dátum narodenia: 15. október 1908
Dátum úmrtia: 29. apríl 2006

John Kenneth Galbraith bol kanadsko-americký ekonóm, stúpenec keynesovstva, neoinštitucionalizmu, spolutvorca teórie konvergencie. Jeho ekonomické knihy sa boli v 50. a 60. rokoch bestsellermi. Wikipedia

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„The first goal of the technostructure is its own security.“

—  John Kenneth Galbraith, kniha The New Industrial State

Zdroj: The New Industrial State (1967), Chapter XXIII, Section 2, p. 265

„If the state is the executive committee of the great corporation and the planning system, it is partly because neoclassical economics is its instrument for neutralizing the suspicion that this is so.“

—  John Kenneth Galbraith

Power and the Useful Economist (1973)
Kontext: This is what economics now does. It tells the young and susceptible (and also the old and vulnerable) that economic life has no content of power and politics because the firm is safely subordinate to the market and the state and for this reason it is safely at the command of the consumer and citizen. Such an economics is not neutral. It is the influential and invaluable ally of those whose exercise of power depends on an acquiescent public. If the state is the executive committee of the great corporation and the planning system, it is partly because neoclassical economics is its instrument for neutralizing the suspicion that this is so.

„Two men jumped hand-in-hand from a high window in the Ritz. They had a joint account.“

—  John Kenneth Galbraith, kniha The Great Crash, 1929

Zdroj: The Great Crash, 1929 (1954 and 1997 https://openlibrary.org/books/OL25728842M/The_Great_Crash_1929), Chapter VII, Things Become More Serious, Section VIII, p. 131-132
Kontext: Clerks in downtown hotels were said to be asking guests whether they wished the room for sleeping or jumping. Two men jumped hand-in-hand from a high window in the Ritz. They had a joint account.

„When you see reference to a new paradigm you should always, under all circumstances, take cover.“

—  John Kenneth Galbraith

As quoted in "Galbraith on crashes, Japan and Walking Sticks" by Ben Laurance and William Keegan, in The Observer (21 June 1998)
Kontext: When you see reference to a new paradigm you should always, under all circumstances, take cover. Because ever since the great tulipmania in 1637, speculation has always been covered by a new paradigm. There was never a paradigm so new and so wonderful as the one that covered John Law and the South Sea Bubble — until the day of disaster.

„People are the common denominator of progress.“

—  John Kenneth Galbraith

Economic Development (1964), ch. 2
Kontext: People are the common denominator of progress. So, paucis verbis, no improvement is possible with unimproved people, and advance is certain when people are liberated and educated. It would be wrong to dismiss the importance of roads, railroads, power plants, mills, and the other familiar furniture of economic development. At some stages of development — the stage that India and Pakistan have reached, for example — they are central to the strategy of development. But we are coming to realize, I think, that there is a certain sterility in economic monuments that stand alone in a sea of illiteracy. Conquest of illiteracy comes first.

„To add to the technostructure is to increase its power in the enterprise.“

—  John Kenneth Galbraith, kniha The New Industrial State

Zdroj: The New Industrial State (1967), Chapter XXI, Section 2, p. 236

„In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally good or equally bad. It is the narrowest decisions that are most ardently debated.“

—  John Kenneth Galbraith

"The American Economy: Its Substance and Myth," quoted in Years of the Modern (1949), edited by J.W. Chase
Kontext: In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally good or equally bad. It is the narrowest decisions that are most ardently debated. If the world is lucky enough to enjoy peace, it may even one day make the discovery, to the horror of doctrinaire free-enterprisers and doctrinaire planners alike, that what is called capitalism and what is called socialism are both capable of working quite well.

„When the modern corporation acquires power over markets, power in the community, power over the state and power over belief, it is a political instrument, different in degree but not in kind from the state itself.“

—  John Kenneth Galbraith

Power and the Useful Economist (1973)
Kontext: When the modern corporation acquires power over markets, power in the community, power over the state and power over belief, it is a political instrument, different in degree but not in kind from the state itself. To hold otherwise — to deny the political character of the modern corporation — is not merely to avoid the reality. It is to disguise the reality. The victims of that disguise are those we instruct in error. The beneficiaries are the institutions whose power we so disguise. Let there be no question: economics, so long as it is thus taught, becomes, however unconsciously, a part of the arrangement by which the citizen or student is kept from seeing how he or she is, or will be, governed.

„To pay off the debt was to destroy the money supply.“

—  John Kenneth Galbraith

Zdroj: Money: Whence It Came, Where It Went (1975), Chapter VIII, The Great Compromise, p. 90
Kontext: In numerous years following the war the Federal government ran a heavy surplus. It could not pay off it's debt, retire its securities, because to do so meant there would be no bonds to back the national bank notes. To pay off the debt was to destroy the money supply.

„Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Etiam egestas wisi a erat. Morbi imperdiet, mauris ac auctor dictum.“

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