John Kenneth Galbraith Quotes


If there must be madness, something may be said for having it on a heroic scale


Citations

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

Related Quotes

Economics has never been a precise science which is one of the reasons it is called the “dismal science.” In the final analysis economics depends on the behavior of people—rational and irrational.


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.