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EE_Paulus: 29 March -The Republic of Switzerland was formed, the German submarine U-585 sank, Economist John Kenneth Galbraith was appointed US Ambassador to India.

WealthyConnor: John Kenneth Galbraith: “There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know.”

antoSnorkling: The only function of economic forecasting is to make astrology look respectable. - John Kenneth Galbraith

BBookQuotes10: The function of economic forecasting is to make astrology look respectable. By John Kenneth Galbraith

jullyanz: Nothing is so admirable in politics as a short memory. [John Kenneth Galbraith]

stock_mvp: “The function of economic forecasting is to make astrology look respectable.” John Kenneth Galbraith

ID9112150632304: "The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness." - - John Kenneth Galbraith

BBookQuotes10: Each of us a consumer, each of us a producer, and each of us – to an extraordinary degree – the victim of fraud. By John Kenneth Galbraith

renatusbtc: “Money… ranks with love as man’s greatest joy. And it ranks with death as his greatest source of anxiety.” - John Kenneth Galbraith

HourlyQuotesBot: Meetings are indispensable when you don't want to do anything. — John Kenneth Galbraith

Stephen_Groner: Nothing is so admirable in politics as a short memory. John Kenneth Galbraith

CakeCoffee6: 6/ WHERE WILL THE WORLD BE IN 5 YEARS? (Note: This was my answer as of 2/27, interesting to see what has changed since) We have two kinds of forecasters: Those who don't know -- and those who don't know they don't know." - John Kenneth Galbraith, a Canadian-American economist

sdgrumbine: "The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness." - - John Kenneth Galbraith

holistic_invest: “We have two classes of forecasters: Those who don’t know — and those who don’t know they don’t know.”- John Kenneth Galbraith

donelson52: Yet more gun-lovers who don't care if their guns kill or injure others. “The conservative is engaged in one of man’s oldest exercises in moral philosophy: that is the search for a superior moral justification for selfishness.” - John Kenneth Galbraith

ahf77118198: "As in all periods of speculation, men sought not to be persuaded by the reality of things but to find excuses for escaping into the new world of fantasy." "John Kenneth Galbraith, The Great Crash of 1929

iconickevin: "People of Privilege will always risk their complete destruction than surrender any material portion of their privilege." John Kenneth Galbraith. Edge of Extinction: We’ve Been Warned!

BBookQuotes10: The demand for certainty is one which is natural to man, but is harmful to society. By John Kenneth Galbraith

sanjmooo: John Kenneth Galbraith said, “We have two classes of forecasters: those who don’t know — and those who don’t know they don’t know.”

RaspiArduino: If all else fails, immortality can always be assured by spectacular error. -- John Kenneth Galbraith

nassermanal7: “The only function of economic forecasting is to make astrology look respectable.” John Kenneth Galbraith

VXO150: $ARKK bro’s When a mood of excitement pervades a market or surrounds an investment prospect, when there is a claim of unique opportunity based on special foresight, all sensible people should circle the wagons; it is the time for caution. John Kenneth Galbraith

UlyssesPascal: In a 1980s Q&A between Milton Friedman and Singaporean business elites Friedman flat out said "John Kenneth Galbraith is simply wrong" and "The so-called techno-structure... is a figment of John Kenneth Galbraith’s imagination. It is not a reality. And he has a good imagination!"

Anast_Litina: John Kenneth Galbraith once remarked, "The only function of economic forecasting is to make astrology look respectable."  Love this!

mktgpractice: "The conventional view serves to protect us from the painful job of thinking." - John Kenneth Galbraith

BBookQuotes10: Without fraud, capitalism would grind to a halt. By John Kenneth Galbraith

NikitaKitty: a system locks in — a system for private opulence and public squalor. And this is an old phrase. It goes back to the Roman time. But it was really brought out and brought to life by the mid-century economist John Kenneth Galbraith in his wonderful book, The Affluent Society.

Sharethwealth: People of privilege will always risk their complete destruction rather than surrender any material part of their advantage. John Kenneth Galbraith

GaddieWindage: "The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness." —John Kenneth Galbraith (confirmed source)

Groovy_Bit: "We have two classes of forecasters : those who don't know, and those who don't know they don't know." John Kenneth Galbraith

BBookQuotes10: The main thing to remember about innocent fraud is that it is, in the end, still fraud. By John Kenneth Galbraith

BBookQuotes10: Inflation is not caused by the actions of private citizens but by the government: by the government printing money and creating credit. By Henry Hazlitt

A32jay: The only function of economic forecasting is to make astrology look respectable. John Kenneth Galbraith

CharlesMurrayQu: “John Kenneth Galbraith, who grew up on a farm, once said that after you’ve worked on a farm, nothing else you ever do is work. One might also say that if you’ve never had a job where something hurts at the end of the day, you don’t know what work is.”

BBookQuotes10: There is something distinctly unappealing about benefiting from innocent fraud. By John Kenneth Galbraith

antoSnorkling: The only function of economic forecasting is to make astrology look respectable. - John Kenneth Galbraith

methodeva: Which Book By John Kenneth Galbraith Should I Read If I Am New To Economics?

BBookQuotes10: The modern economy is not one in which each person works hard to produce things of value for others. It is instead an economy in which people devote their time and energy to getting money from others. By John Kenneth Galbraith

HannuSivula: "The only function of economic forecasting is to make astrology look respectable.” John Kenneth Galbraith

Greenbackd: The above was John Kenneth Galbraith, The Great Crash, 1929 Hussman: "The single best predictor of year-ahead inflation is current year-over-year inflation, and the second-best predictor is last year’s inflation rate."

throughnothing: "The least important questions are the ones most emphasized. What triggered the crash?" - John Kenneth Galbraith

MeowImageBot: Meetings are indispensable when you don't want to do anything. - John Kenneth Galbraith

omb7131: The conventional view serves to protect us from the painful job of thinking.,John Kenneth Galbraith,conformity, food-for-thought, thinking,

cecilywambui88: In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.,John Kenneth Galbraith,Faith, Deep, Great ,

Taurus_Moon_: The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. — John Kenneth Galbraith, Economist

protectivegirl1: "Meetings are indispensable when you don't want to do anything." — John Kenneth Galbraith

BBookQuotes10: Only the guilty can be really hurt by innocent fraud. By John Kenneth Galbraith

UnixFortuneBot: People of privilege will always risk their complete destruction rather than surrender any material part of their advantage. -- John Kenneth Galbraith

BBookQuotes10: The costs of fraudulent activities are always borne by the innocent and the gullible. By John Kenneth Galbraith

BBookQuotes10: The demand for certainty is one which is natural to man, but is harmful to society. By John Kenneth Galbraith

pseudnonymus: Any technological society requires long-term planning (ugh I am just John Kenneth Galbraith in the mid-1960s), and enforcement on whatever it takes to achieve those plans

BBookQuotes10: Only the guilty can be really hurt by innocent fraud. By John Kenneth Galbraith

OrganicPeoplePR: JOHN KENNETH GALBRAITH in ‘The Affluent Society’ argued brilliantly for a redistribution of income to end the poverty of public services. Harvard University. (October 15, 1908- April 29, 2006.)

focaballena: ready? john kenneth galbraith appreciation thread the man who makes his entry by leaning against an infirm door gets an unjustified reputation for violence. something is to be attributed to the poor state of the door

BBookQuotes10: The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design By John Kenneth Galbraith

bennyadamo1: "The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior justification for selfishness." John Kenneth Galbraith

SwartzMark: “Nothing in the 19th century is more remarkable than the way men forgot the last railroad debacle and proceeded to lose money in the next.” — John Kenneth Galbraith

OrganicPeoplePR: John Kenneth Galbraith in 'The Affluent Society' argued brilliantly for a redistribution of income to end the poverty of public services. Iona Station, Ontario, Canada. Cambridge, Massachusetts. Coming Apart. (October 15, 1908- April 29, 2006.)

RaviKum72735897: "There can be few fields of human endeavor in which history counts for so little as in the world of finance". - John Kenneth Galbraith

devinamehra: "There can be few fields of human endeavor in which history counts for so little as in the world of finance". - John Kenneth Galbraith Lessons from history in finance are easily forgotten and institutional memories are also notoriously short.  16/

Clay_Finck: "We have two classes of forecasters: - Those who don't know - Those who don't know they don't know" — John Kenneth Galbraith

samsonw88982489: The enemy of the conventional wisdom is not ideas but the march of events.,John Kenneth Galbraith,Ideas, Enemy, Events ,

MRTNZ_VC: “There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know.” – John Kenneth Galbraith

readroadtoserfd: “The process by which banks create money is so simple that the mind is repelled.”  John Kenneth Galbraith, Money: Whence it came, where it went – 1975, p29.

Soarpoints: I once persuaded when she spoke to our pupils at Reading Blue Coat to sign a copy of John Kenneth Galbraith’s ‘The Good Society: the humane agenda’ - hard to believe she is now the most humane of our recent PMs.

BBookQuotes10: Innocent fraud is a serious problem because it can lead to real harm. By John Kenneth Galbraith

BBookQuotes10: Each of us is now grossly overinsured against accident and illness, from the standpoint of both economic efficiency and of ameliorating human misery. By John Kenneth Galbraith

Dr_Geophysics: Apparently the Sunday talkies missed the point (again): “The sense of responsibility in the financial community for the community as a whole is not small.   It is nearly nil." John Kenneth Galbraith, The Great Crash of 1929

bondj008: The only function of economic forecasting is to make astrology look respectable. -- John Kenneth Galbraith

lenniearizona: The man J.K.G. don’t take no guff from Buckley ….. Firing Line with William F. Buckley Jr.: John Kenneth Galbraith Looks Back

reading_guru: We have two classes of forecasters: Those who don't know - and those who don't know they don't know. - John Kenneth Galbraith

BBookQuotes10: In an increasingly planned economy, advertising assumes an importance out of all proportion to its actual role in stimulating consumer spending. By John Kenneth Galbraith

rgtrendsetter: The enemy of the conventional wisdom is not ideas but the march of events. -John Kenneth Galbraith RALPHGAIL ISIPBATAsaSHOWTIME

rgtrendsetter: One of the greatest pieces of economic wisdom is to know what you do not know. -John Kenneth Galbraith RALPHGAIL ISIPBATAsaSHOWTIME

devinamehra: The SVB collapse is another occasion to remember this golden quote "There can be few fields of human endeavour in which history counts for so little as in the world of finance" John Kenneth Galbraith My old post based on his book as applied to Cryptobust

TrueQuotation: Education then, beyond all other devices of human origin, is the great equalizer of the conditions of men, the balance-wheel of the social machinery. — John Kenneth Galbraith

ahf77118198: "The sense of responsibility in the financial community for the community as a whole is not small. It is nearly nil." John Kenneth Galbraith, The Great Crash of 1929

Nonavman7628: Then the shit hit the fan.,John Kenneth Galbraith, A Life in Our Times,crisis, economics,

Stephen_Groner: Nothing is so admirable in politics as a short memory. John Kenneth Galbraith

Innovrene7698: If all else fails immortality can always be assured by spectacular error.,John Kenneth Galbraith,failures, mistakes,

Feikand73190332: There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.,John Kenneth Galbraith,beauty,

Eyemucu3712: There is an old saying, or should be, that it is a wise economist who recognizes the scope of his own generalizations.,John Kenneth Galbraith,economics, generalizations, humor,

EddyElfenbein: “The conventional view serves to protect us from the painful job of thinking.” – John Kenneth Galbraith

YouandYourCash_: The study of money, above all other fields in economics, is one in which complexity is used to disguise truth" John Kenneth Galbraith, former Harvard professor

JamesGruber11: “Under capitalism, man exploits man; while under socialism just the reverse is true.” ― John Kenneth Galbraith, A Life in Our Times

PaulAndreola: “The only function of economic forecasting is to make astrology look respectable,” John Kenneth Galbraith

antoSnorkling: The only function of economic forecasting is to make astrology look respectable. - John Kenneth Galbraith

ViraArmstrong: is cited as a contributing factor to the Wall Street Crash of 1929. Economist John Kenneth Galbraith described Hatry as "one of those curiously un-English figures with whom the English periodically find themselves unable to cope."

jimsmith41: All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership. - John Kenneth Galbraith

CFuher: “All of the great leaders have had one characteristic in common: It was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership." ⁃JOHN KENNETH GALBRAITH

LisaAndrews55: 1955: Harvard economics professor John Kenneth Galbraith testifies before the U.S. Senate Banking Committee, warning that the market is overheating with "a substantial element of speculation." With radio stations carrying his remarks live, the market drops even as Galbraith talks

MeowImageBot: Meetings are indispensable when you don't want to do anything. - John Kenneth Galbraith

welfordwrites: The only function of economic forecasting is to make astrology look respectable. John Kenneth Galbraith

jdcmedlock: Taxing things like TVs to fund things like education is a big part of the solution (quote via John Kenneth Galbraith)

zeithistoriker: Finding a signed copy of this by John Kenneth Galbraith is peak Cambridge little library, especially when you know the answer is: everybody

manaman_chhina: My weekly column: US Ambassador to India John Kenneth Galbraith warned State Dept of implications of India buying MIG-21s. But the State Dept did not want to offer F-104 Starfighter which they had already supplied to Pakistan. Galbraith was proven right.

GnostiNews: The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith ...always has been, hence the 'oldest'...

BBookQuotes10: The main thing to remember about innocent fraud is that it is, in the end, still fraud. By John Kenneth Galbraith

SeanJKerrigan: "There is something wonderful in seeing a wrong-headed majority assailed by truth." —John Kenneth Galbraith

gamingmessy: 2. Klaus Schwab was selected to attend Kissinger's seminar where he was mentored by Herman Kahn & John Kenneth Galbraith from 1964-67. They would go on to create the European Management Symposium which became the European Management Forum, then the World Economic Forum.

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