Friday, November 22, 2024 Text is available under the CC BY-SA 3.0 licence.

John Kenneth Galbraith

« All quotes from this author
 

I write with two things in mind. I want to be right with my fellow economists. After all, I've made my life as a professional economist, so I'm careful that my economics is as it should be. But I have long felt that there's no economic proposition that can't be stated in clear, accessible language. So I try to be right with my fellow economists, but I try to have an audience of any interested, intelligent person.

 
John Kenneth Galbraith

» John Kenneth Galbraith - all quotes »



Tags: John Kenneth Galbraith Quotes, Authors starting by G


Similar quotes

 

In 1879, American economist Francis Walker tried to explain why members of his profession were in such "bad odor amongst real people". He blamed it on their inability to understand why human behavior fails to comply with economic theory. We do not always act the way economists think we should, mainly because we're both less selfish and less rational than economists think we are. Economists are being indoctrinated into a cardboard version of human nature, which they hold true to such a degree that their own behavior has begun to resemble it. Psychological tests have shown that economics majors are more egoistic than the average college student. Exposure in class after class to the capitalist self-interest model apparently kills off whatever prosocial tendencies these students have to begin with. They give up trusting others, and conversely others give up trusting them. Hence the bad odor.

 
Frans de Waal
 

Kenneth E. Boulding was a most extraordinary economist. The narrow bounds of the economics discipline could not contain his interests and talents. In addition to economics, Professor Boulding made important contributions to the fields of political science, sociology, philosophy, and social psychology. His forays into subjects outside the usual concerns of economists were not an intellectual dilettantism; rather, they were a result of his conviction that an understanding of human behavior can only be accomplished by studying man in his totality. Much of Boulding's work was an attempt to move beyond the narrow economic view of humans as self-interested, rational utility maximizers to a general social science exploiting the full range of our rational, instinctual, and mystical knowledge.

 
Kenneth Boulding
 

Schwartz closed his eyes. “My grandmother told me never to get mixed up with economists. Their thinking is muddy and their breath is bad, she said. She also warned me against Yale men. Perverts of the intellect, she called them. So here I am cooped up on an interstellar ship with five hundred alien creatures and one fellow human, and he has to be an economist from Yale.”

 
Robert Silverberg
 

A distinguished economist, on being asked to define the subject matter of his science, once replied, "Economics is what economists do."

 
Kenneth Boulding
 

In short, I do not write for mathematicians, nor as a mathematician, but as an economist wishing to convince other economists that their science can only be satisfactorily treated on an explicitly mathematical basis.

 
William Stanley Jevons
© 2009–2013Quotes Privacy Policy | Contact