A Quote by John Kenneth Galbraith
The attraction of power we take for granted in politics.. But in economics...the thrust...is for pecuniary return, for money. And I have always felt that denies in the economic world a very large part of the motivation.
Quote Topics
Quote Author
Related Quotes
When people are running up more and more debt for housing, they call that "real wealth." It exposes what's wrong in the mainstream economics and why most of the economics that justifies austerity programs and economic shrinkage is in the textbooks is not scientific. Junk economics denies the role of debt and denies the fact that the economic system we have now is dysfunctional.
Anyway that's a large part of what economics is - people arbitrarily, or as a matter of taste, assigning numerical values to non-numerical things. And then pretending that they haven't just made the numbers up, which they have. Economics is like astrology in that sense, except that economics serves to justify the current power structure, and so it has a lot of fervent believers among the powerful
One of the profound effects of economics in our day is that the people with the money and the power have embraced the guilt-free, external-less, everything-will-turn-out-okay-in-the-end philosophy of economics in order to justify their own evil works. And the economists, for the most part, have sucked up to that money.
High levels of economic inequality lead to imbalances in political power, as those at the top use their economic weight to shape our politics in ways that give them more economic power.
We cannot escape our destiny, nor should we try to do so. The leadership of the free world was thrust upon us two centuries ago in that little hall of Philadelphia. In the days following World War II, when the economic strength and power of America was all that stood between the world and the return to the dark ages, Pope Pius XII said, 'The American people have a great genius for splendid and unselfish actions. Into the hands of America God has placed the destinies of an afflicted mankind.' We are indeed, and we are today, the last best hope of man on earth.
I can't think of many reasons as to why, but gay men and straight women both share an inherent attraction to men, and attraction informs a large part of human nature.
The close relationship between politics and economics is neither neutral nor coincidental. Large governments evolve through history in order to protect large accumulations of property and wealth.
Money is not a part of the visible sector of the economy; people do not consume money. Money is not a physical factor of production, but rather a yardstick for measuring economic input, economic outtake and the relative values of the real goods and services of the economic world. Money provides a method of measuring obligations, rights, powers and privileges. It provides a means whereby certain individuals can accumulate claims against others, or against the economy as a whole, or against many economies.
Political organizations have slowly substituted themselves for the Churches as the places of believing practices, but for this very reason, they seem to have been haunted by the return of a very ancient (preChristian) and very “pagan” alliance between power and religion. It is as though now that religion has ceased to be an autonomous power (the “power of religion,” people used to say), politics has once again become religious.
I don't think I ever had a morning where I woke up and said I'm going to be a professional poet. I know I've always loved poetry, I've always loved writing poetry and I've always loved sharing poetry. I've also always known that I wanted that to somehow be a very large part of my life and I'm very fortunate that it's such a large part of my life.
Firstly, people take for granted that the E.U. has created the biggest economic space in the world.
The desert takes our dreams away from us, and they don't always return. We know that, and we are used to it. Those who don't return become a part of the clouds, a part of the animals that hide in the ravines and of the water that comes from the earth. They become part of everything. They become the Soul of the World.
The future is female, so women are invited, as they do, to take responsability in the world of politics, in the economics, in art
It is human self-renunciation when a man denies himself and the world opens up to him. But it is Christian self-renunciation when he denies himself and, because the world precisely for this shuts itself up to him, he must as one thrust out by the world seek God's confidence. The double-danger lies precisely in meeting opposition there where he had expected to find support, and he has to turn about twice; whereas the merely human self-resignation turns once.
The entertainment industry has three kinds of politics - sexual politics, money politics and power politics. A desperate actor can become victim of any of these political games.
The problem is, of course, that not only is economics bankrupt but it has always been nothing more than politics in disguise ... economics is a form of brain damage.
Related Authors
Adam Smith Quotes
Scottish
Economist
Alan Greenspan Quotes
American
Economist
Benjamin Graham Quotes
American
Economist
Friedrich August von Hayek Quotes
Austrian
Economist
John Maynard Keynes Quotes
English
Economist
Joseph Stiglitz Quotes
American
Economist
Ludwig von Mises Quotes
Austrian
Economist
Milton Friedman Quotes
American
Economist
Muhammad Yunus Quotes
Bangladeshi
Economist
Murray Rothbard Quotes
American
Economist
Paul Craig Roberts Quotes
American
Economist
Paul Krugman Quotes
American
Economist
Richard Thaler Quotes
American
Economist
Robert Reich Quotes
American
Economist
Thomas Sowell Quotes
American
Economist
Walter E. Williams Quotes
American
Economist