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John Kenneth Galbraith Quotes: In 1929 the discovery of the wonders of the geometric series struck Wall Street with a force comparable to the invention of the wheel.
         

In 1929 the discovery of the wonders of the geometric series struck Wall Street with a force comparable to the invention of the wheel.


John Kenneth Galbraith
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"John Kenneth Galbraith Quotes." Quoteslyfe.com, 2024. Fri. 03 May. 2024. <https://www.quoteslyfe.com/quote/In-1929-the-discovery-of-the-wonders-740997>.





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Other quotes of John Kenneth Galbraith


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.

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.



Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.

Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.



Under capitalism, man exploits man. Under communism, it's just the opposite.

Under capitalism, man exploits man. Under communism, it's just the opposite.



But there is merit even in the mentally retarded legislator. He asks the questions that everyone is afraid to ask for fear of seeming simple.

But there is merit even in the mentally retarded legislator. He asks the questions that everyone is afraid to ask for fear of seeming simple.



Economics is extremely useful as a form of employment for economists.

Economics is extremely useful as a form of employment for economists.



If all else fails immortality can always be assured by adequate error.

If all else fails immortality can always be assured by adequate error.



The process by which banks create money is so simple that the mind is repelled.

The process by which banks create money is so simple that the mind is repelled.



There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.

There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.



Simple minds, presumably, are the easiest to manage.

Simple minds, presumably, are the easiest to manage.



Every corner of the public psyche is canvassed by some of the most talented citizens to see if the desire for some merchandisable product can be cultivated.

Every corner of the public psyche is canvassed by some of the most talented citizens to see if the desire for some merchandisable product can be cultivated.





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If you want to avoid emotional mediocrity, be on time for every present moment.

If you want to avoid emotional mediocrity, be on time for every present moment.



Sad; so sad, those smoky-rose, smoky-mauve evenings of late Autumn, sad enough to pierce the heart.

Sad; so sad, those smoky-rose, smoky-mauve evenings of late Autumn, sad enough to pierce the heart.



I have had playmates, I have had companions; In my days of childhood, in my joyful school days - All, all are gone, the old familiar faces.

I have had playmates, I have had companions; In my days of childhood, in my joyful school days - All, all are gone, the old familiar faces.



I have never cared enough about money to worry about spending it, and have been fortunate to make enough to be spoiled rotten.

I have never cared enough about money to worry about spending it, and have been fortunate to make enough to be spoiled rotten.



Don't judge yourself; simply return your attention to what's in front of you right now.

Don't judge yourself; simply return your attention to what's in front of you right now.



Those persons who are burning to display heroism may rest assured that the course of social evolution will offer them every opportunity.

Those persons who are burning to display heroism may rest assured that the course of social evolution will offer them every opportunity.



You have to know one big thing and stick with it. The leaders who had one very big idea and one very big commitment. This permitted them to create something. Those are the ones who leave a legacy.

You have to know one big thing and stick with it. The leaders who had one very big idea and one very big commitment. This permitted them to create something. Those are the ones who leave a legacy.



All work and no plagiarism makes a dull speech.

All work and no plagiarism makes a dull speech.



Everyday ask God for favor. He can open doors for you that no one else can open.

Everyday ask God for favor. He can open doors for you that no one else can open.



I believe the writer... should always be the final judge. I have always held to that position and have sometimes seen books hurt thereby, but at least as often helped. The book belongs to the author.

I believe the writer... should always be the final judge. I have always held to that position and have sometimes seen books hurt thereby, but at least as often helped. The book belongs to the author.




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This page presents the quote "In 1929 the discovery of the wonders of the geometric series struck Wall Street with a force comparable to the invention of the wheel.". Author of this quote is John Kenneth Galbraith. This quote is about geometric, discovery, series, wheels, force, wall, invention,.