Quotes by Economists

In 1946, I re-enrolled at the University of Budapest in order to obtain a Ph.D. in philosophy with minors in sociology and in psychology. John Harsanyi
Philosophy Budapest Obtain Order Psychology Sociology University
One might argue that proper understanding of any social situation would require game-theoretic analysis. John Harsanyi
Understanding Situation Analysis Would Proper Argue Any Social Might Require
One of the greatest pieces of economic wisdom is to know what you do not know. John Kenneth Galbraith
Wisdom You Economic Know Pieces Greatest
In economics, the majority is always wrong. John Kenneth Galbraith
Economics Wrong Majority Always
A person buying ordinary products in a supermarket is in touch with his deepest emotions. John Kenneth Galbraith
Emotions Touch Supermarket His Person Ordinary Products Deepest Buying
There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting. John Kenneth Galbraith
Beauty Absolute Pursuit Makes Precisely Interesting Certainly Standard
Money differs from an automobile or mistress in being equally important to those who have it and those who do not. John Kenneth Galbraith
Money Important Those Equally Mistress Being Automobile Who Differs
Few people at the beginning of the nineteenth century needed an adman to tell them what they wanted. John Kenneth Galbraith
People Beginning Few Nineteenth Nineteenth Century Tell Few People Wanted Them Century Needed
War remains the decisive human failure. John Kenneth Galbraith
War Failure Remains Human Decisive
Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative. John Kenneth Galbraith
Politics People Think Liberalism More More And More More People Alternative Painfully Reason Aware
The commencement speech is not, I think, a wholly satisfactory manifestation of our culture. John Kenneth Galbraith
Culture Think Our Commencement Manifestation Wholly Satisfactory Speech
We have escapist fiction, so why not escapist biography? John Kenneth Galbraith
Escapist Fiction Why Why Not Biography
Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised. John Kenneth Galbraith
Economics Few Resonant Minds Ears Say Topics Response Boredom Cliche Advised Practiced None Audience Subject Off Conducive American American Audience Turning Ill Profoundly
Power is not something that can be assumed or discarded at will like underwear. John Kenneth Galbraith
Will Power Assumed Something Like Discarded Underwear
The Metropolis should have been aborted long before it became New York, London or Tokyo. John Kenneth Galbraith
Long Before London New Became Been Metropolis York New York Should Tokyo
By all but the pathologically romantic, it is now recognized that this is not the age of the small man. John Kenneth Galbraith
Man Age Recognized Small Romantic Now
People who are in a fortunate position always attribute virtue to what makes them so happy. John Kenneth Galbraith
Happy People Virtue Attribute Makes Always Them Fortunate Who Position
Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable must surely have beneficial economic effects. John Kenneth Galbraith
Suffering Few Believe Vain Others Beneficial Must Economic Disagreeable Surely Effects Anything
There is no harm in being sometimes wrong - especially if one is promptly found out. John Maynard Keynes
Sometimes Out Promptly Wrong Being Found Harm
Most men love money and security more, and creation and construction less, as they get older. John Maynard Keynes
Love Construction Money Men Creation Older Security More Most Get Less
It would not be foolish to contemplate the possibility of a far greater progress still. John Maynard Keynes
Progress Possibility Would Foolish Contemplate Greater Still Far
The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future. John Maynard Keynes
Future Time Ignorance Dark Defeat Our Object Envelope Investment Forces Which Social Skilled Should
Like Odysseus, the President looked wiser when he was seated. John Maynard Keynes
President He Wiser Like Looked Seated
The disruptive powers of excessive national fecundity may have played a greater part in bursting the bonds of convention than either the power of ideas or the errors of autocracy. John Maynard Keynes
Power National Excessive Part Ideas Powers Greater Errors Than May Autocracy Convention Either Bursting Played Disruptive Bonds
This empire, unlike any other in the history of the world, has been built primarily through economic manipulation, through cheating, through fraud, through seducing people into our way of life, through the economic hit men. I was very much a part of that. John Perkins
Life History People World Men Cheating Other Our Unlike Way Has-Been Fraud Economic Through Part Primarily Empire Built Been Very Hit Any The History Of Manipulation Much
And in Iraq we tried to implement the same policy that was so successful in Saudi Arabia, but Saddam Hussein didn't buy. When the economic hit men fail in this scenario, the next step is what we call the jackals. John Perkins
Buy Men Arabia Tried Hussein Scenario Economic Step Fail Implement Saddam Saddam Hussein Call Policy Iraq Hit Same Successful Next Next Step Saudi Saudi Arabia
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