John Kenneth Galbraith Quotes


Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable must surely have beneficial economic effects.


Citations

Galbraith, John Kenneth. The Great Crash, 1929. Houghton Mifflin, 1955, p. 189.

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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.