In economics the majority is always wrong.

J. K. Galbraith
Some Similar Quotes
  1. The ideas of the ruling class are in every epoch the ruling ideas, i.e. the class which is the ruling material force of society, is at the same time its ruling intellectual force. The class which has the means of material production at its disposal,... - Karl Marx

  2. If the worker and his boss enjoy the same television program and visit the same resort places, if the typist is as attractively made up as the daughter of her employer, if the Negro owns a Cadillac, if they all read the same newspaper, then... - Herbert Marcuse

  3. Latter-day capitalism. Like it or not, it's the society we live in. Even the standard of right and wrong has been subdivided, made sophisticated. Within good, there's fashionable good and unfashionable good, and ditto for bad. <span style="margin:15px; display:block"></span>Within fashionable good, there's formal and then... - Haruki Murakami

  4. The justification of capitalism is not that the economy grows faster than it grows under any other system. . not that the goods pour forth. The justification of capitalism is that it is the only economic system consistent with the requirements of man's rational nature,... - M. Northrup Buechner

  5. What happens to people living in a society where everyone in power is lying, stealing, cheating and killing, and in our hearts we all know this, but the consequences of facing all these lies are so monstrous, we keep on hoping that maybe the corporate... - Inga Muscio

More Quotes By J. K. Galbraith
  1. Few people at the beginning of the nineteenth century needed an adman to tell them what they wanted.

  2. Washington is a place where men praise courage and act on elaborate personal cost-benefit calculations.

  3. I was brought up in southwestern Ontario where we were taught that Canadian patriotism should not withstand anything more than a five-dollar-a-month wage differential. Anything more than that and you went to Detroit.

  4. People of privilege will always risk their complete destruction rather than surrender any material part of their advantage.

  5. In economics the majority is always wrong.

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