John Kenneth Galbraith Quotes


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.


Citations

Galbraith, John Kenneth. Economics and the Art of Controversy. Rutgers University Press, 1955, p. 30.

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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.