Frasi di John Kenneth Galbraith

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John Kenneth Galbraith

Data di nascita: 15. Ottobre 1908
Data di morte: 29. Aprile 2006

John Kenneth Galbraith è stato un economista, funzionario e diplomatico canadese naturalizzato statunitense.

È stato fra i più celebri e influenti economisti del suo tempo, nonché critico della teoria capitalista tradizionale. Wikipedia

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„When you see reference to a new paradigm you should always, under all circumstances, take cover.“

—  John Kenneth Galbraith

As quoted in "Galbraith on crashes, Japan and Walking Sticks" by Ben Laurance and William Keegan, in The Observer (21 June 1998)
Contesto: When you see reference to a new paradigm you should always, under all circumstances, take cover. Because ever since the great tulipmania in 1637, speculation has always been covered by a new paradigm. There was never a paradigm so new and so wonderful as the one that covered John Law and the South Sea Bubble — until the day of disaster.

„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.“

—  John Kenneth Galbraith

"The American Economy: Its Substance and Myth," quoted in Years of the Modern (1949), edited by J.W. Chase
Contesto: 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. If the world is lucky enough to enjoy peace, it may even one day make the discovery, to the horror of doctrinaire free-enterprisers and doctrinaire planners alike, that what is called capitalism and what is called socialism are both capable of working quite well.

„To pay off the debt was to destroy the money supply.“

—  John Kenneth Galbraith

Origine: Money: Whence It Came, Where It Went (1975), Chapter VIII, The Great Compromise, p. 90
Contesto: In numerous years following the war the Federal government ran a heavy surplus. It could not pay off it's debt, retire its securities, because to do so meant there would be no bonds to back the national bank notes. To pay off the debt was to destroy the money supply.

„I react pragmatically. Where the market works, I'm for that. Where the government is necessary, I'm for that. I'm deeply suspicious of somebody who says, "I'm in favor of privatization," or, "I'm deeply in favor of public ownership." I'm in favor of whatever works in the particular case.“

—  John Kenneth Galbraith

Booknotes interview (1994)
Contesto: I react to what is necessary. I would like to eschew any formula. There are some things where the government is absolutely inevitable, which we cannot get along without comprehensive state action. But there are many things — producing consumer goods, producing a wide range of entertainment, producing a wide level of cultural activity — where the market system, which independent activity is also important, so I react pragmatically. Where the market works, I'm for that. Where the government is necessary, I'm for that. I'm deeply suspicious of somebody who says, "I'm in favor of privatization," or, "I'm deeply in favor of public ownership." I'm in favor of whatever works in the particular case.

„Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Etiam egestas wisi a erat. Morbi imperdiet, mauris ac auctor dictum.“

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