John Kenneth Galbraith Quotes


A wrong decision isn't forever; it can always be reversed. The losses from a delayed decision are forever; they can never be retrieved.


Citations

Galbraith, John Kenneth. Ambassador's Journal: A Personal Account of the Kennedy Years. Houghton Mifflin, 1969.

Related Quotes

John Kenneth Galbraith
John Kenneth Galbraith
  • Born: October 15, 1908
  • Died: April 29, 2006
  • Nationality: American
  • Profession: Economist

John Kenneth Galbraith OC, also known as Ken Galbraith, was a Canadian-American economist, diplomat, public official and intellectual. A leading proponent of 20th-century American liberalism, his books on economic topics were bestsellers from the 1950s through the 2000s. As an economist, he leaned toward post-Keynesian economics from an institutionalist perspective.