John Kenneth Galbraith Quotes


It is a well known and very important fact that America's founding fathers did not like taxation without representation. It is a lesser known and equally important fact that they did not much like taxation with representation.


Citations

Galbraith, John Kenneth. Money: Whence It Came, Where It Went. Houghton Mifflin, 1975, p. 55.

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As a result was in 1799 he was indicted, convicted, and fined $480 and sentenced to 18 months in jail. In 1801, newly elected President Thomas Jefferson pardoned Brown along with all violators of the act.


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.