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.

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„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.

„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.

„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.

„I react pragmatically. Where the market works, I'm for that. Where the government is necessary, I'm for that. I'm deeply suspicious of somebody who says, "I'm in favor of privatization," or, "I'm deeply in favor of public ownership." I'm in favor of whatever works in the particular case.“

—  John Kenneth Galbraith

Booknotes interview (1994)
Kontext: I react to what is necessary. I would like to eschew any formula. There are some things where the government is absolutely inevitable, which we cannot get along without comprehensive state action. But there are many things — producing consumer goods, producing a wide range of entertainment, producing a wide level of cultural activity — where the market system, which independent activity is also important, so I react pragmatically. Where the market works, I'm for that. Where the government is necessary, I'm for that. I'm deeply suspicious of somebody who says, "I'm in favor of privatization," or, "I'm deeply in favor of public ownership." I'm in favor of whatever works in the particular case.

„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.

„Few can believe that suffering, especially by others, is in vain.“

—  John Kenneth Galbraith

Zdroj: The Age of Uncertainty (1977), Chapter 7, p. 211
Kontext: Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable must surely have beneficial economic effects.

„We now in the United States have more security guards for the rich than we have police services for the poor districts.“

—  John Kenneth Galbraith

The Guardian [UK] (23 May 1992)
Kontext: We now in the United States have more security guards for the rich than we have police services for the poor districts. If you're looking for personal security, far better to move to the suburbs than to pay taxes in New York.

„Total physical and mental inertia are highly agreeable, much more so than we allow ourselves to imagine.“

—  John Kenneth Galbraith

Foreword to The Beach Book by Gloria Steinem (1963); reprinted in Galbraith's A View from the Stands (1986)
Kontext: Total physical and mental inertia are highly agreeable, much more so than we allow ourselves to imagine. A beach not only permits such inertia but enforces it, thus neatly eliminating all problems of guilt. It is now the only place in our overly active world that does.

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

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