John Kenneth Galbraith - The shortcomings of economics are not original error but uncorrected...

The shortcomings of economics are not original error but uncorrected obsolescence. The obsolescence has occurred because what is convenient has become sacrosanct. Anyone who attacks such ideas must seem to be a trifle self-confident and even aggressive. The man who makes his entry by leaning against an infirm door gets an unjustified reputation for violence. Something is to be attributed to the poor state of the door.

John Kenneth Galbraith

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John Kenneth Galbraith Quotes

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The shortcomings of economics are not original error but uncorrected obsolescence. The obsolescence has occurred because what is convenient has become sacrosanct. Anyone who attacks such ideas must seem to be a trifle self-confident and even aggressive. The man who makes his entry by leaning against an infirm door gets an unjustified reputation for violence. Something is to be attributed to the poor state of the door. John Kenneth Galbraith

They Said So®

Keywords

shortcomings economics original error uncorrected obsolescence occurred convenient sacrosanct attacks ideas trifle -confident aggressive man makes entry leaning infirm door unjustified reputation violence attributed poor state

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