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John Kenneth Galbraith Quotes: Pundits forecast not because they know, but because they are asked.
         

Pundits forecast not because they know, but because they are asked.


John Kenneth Galbraith
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"John Kenneth Galbraith Quotes." Quoteslyfe.com, 2024. Sat. 04 May. 2024. <https://www.quoteslyfe.com/quote/Pundits-forecast-not-because-they-know-but-740903>.





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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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Sleep is the interest we have to pay on the capital which is called in at death. The higher the interest rate and the more regularly it is paid, the further the date of redemption is postponed

Sleep is the interest we have to pay on the capital which is called in at death. The higher the interest rate and the more regularly it is paid, the further the date of redemption is postponed



When You’re Accustomed to Privilege, Equality Feels Like Oppression

When You’re Accustomed to Privilege, Equality Feels Like Oppression



Is there anything more important than a child?

Is there anything more important than a child?



If you only know one kriya, then share that. Just be humble, teach it. Every student is a teacher.

If you only know one kriya, then share that. Just be humble, teach it. Every student is a teacher.



At the end of the day, all I want to do is protect my kids.

At the end of the day, all I want to do is protect my kids.



Nobody should trust their virtue with necessity, the force of which is never known till it is felt, and it is therefore one of the first duties to avoid the temptation of it.

Nobody should trust their virtue with necessity, the force of which is never known till it is felt, and it is therefore one of the first duties to avoid the temptation of it.



If we would see others as they see themselves, our shyness would soon become compassion.

If we would see others as they see themselves, our shyness would soon become compassion.



Real inward devotion knows no prayer but that arising from the depths of its own feelings.

Real inward devotion knows no prayer but that arising from the depths of its own feelings.




Quote Description


This page presents the quote "Pundits forecast not because they know, but because they are asked.". Author of this quote is John Kenneth Galbraith. This quote is about knows, investing, pundits,.