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John Kenneth Galbraith, a towering figure in the field of economics, left an indelible mark on economic theory and policy with his incisive analyses and progressive worldview. From "The Affluent Society" to "The New Industrial State," his works challenged conventional wisdom, advocating for greater government intervention to address social inequality and promote economic justice. Galbraith's intellectual legacy continues to shape debates on economic policy and social welfare.
"Politics is not the art of the possible. It consists in choosing between the disastrous and the unpalatable."
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"Politics is not the art of the possible. It consists in choosing between the disastrous and the unpalatable."

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"It has been the acknowledged right of every Marxist scholar to read into Marx the particular meaning that he himself prefers and to treat all others with indignation."
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"It has been the acknowledged right of every Marxist scholar to read into Marx the particular meaning that he himself prefers and to treat all others with indignation."

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"One of the greatest pieces of economic wisdom is to know what you do not know."
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"One of the greatest pieces of economic wisdom is to know what you do not know."

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"People who are in a fortunate position always attribute virtue to what makes them so happy."
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"People who are in a fortunate position always attribute virtue to what makes them so happy."

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

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

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"Few people at the beginning of the nineteenth century needed an adman to tell them what they wanted."
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"Few people at the beginning of the nineteenth century needed an adman to tell them what they wanted."

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"Modesty is a vastly overrated virtue."
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"Modesty is a vastly overrated virtue."

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"All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership."
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"All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership."

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