#johnkennethgalbraith — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #johnkennethgalbraith, aggregated by home.social.
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Meetings are indispensable when you don't want to do anything.
-- John Kenneth Galbraith -
Meetings are indispensable when you don't want to do anything.
-- John Kenneth Galbraith -
Meetings are indispensable when you don't want to do anything.
-- John Kenneth Galbraith -
Meetings are indispensable when you don't want to do anything.
-- John Kenneth Galbraith -
Meetings are indispensable when you don't want to do anything.
-- John Kenneth Galbraith -
The only function of economic forecasting is to make astrology look respectable.
-- John Kenneth Galbraith⬆ #Wisdom #Quotes #JohnKennethGalbraith #Economics #Humor
⬇ #Photography #Panorama #BartolomeIsland #PinnacleRock #Galapagos
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The only function of economic forecasting is to make astrology look respectable.
-- John Kenneth Galbraith⬆ #Wisdom #Quotes #JohnKennethGalbraith #Economics #Humor
⬇ #Photography #Panorama #BartolomeIsland #PinnacleRock #Galapagos
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The only function of economic forecasting is to make astrology look respectable.
-- John Kenneth Galbraith⬆ #Wisdom #Quotes #JohnKennethGalbraith #Economics #Humor
⬇ #Photography #Panorama #BartolomeIsland #PinnacleRock #Galapagos
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The only function of economic forecasting is to make astrology look respectable.
-- John Kenneth Galbraith⬆ #Wisdom #Quotes #JohnKennethGalbraith #Economics #Humor
⬇ #Photography #Panorama #BartolomeIsland #PinnacleRock #Galapagos
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The only function of economic forecasting is to make astrology look respectable.
-- John Kenneth Galbraith⬆ #Wisdom #Quotes #JohnKennethGalbraith #Economics #Humor
⬇ #Photography #Panorama #BartolomeIsland #PinnacleRock #Galapagos
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RE: https://toot.cat/@CptSuperlative/117018790060866914
AI investment strains showing
The video ... somewhat inadequately contextualised below ... makes the valid point that in a down market, bad assets drag down good ones as leverage, margin requirements, and loan collateral prompt heavily-borrowing ("leveraged") investors to sell anything to meet those obligations.
As I recall John Kenneth Galbraith made this observation in The Great Crash: 1929, his history of the Wall Street crash of that year which precipitated the Great Depression. Published in 1955, and reprinted many times, it still very much bears reading if you want to understand how financial markets misbehave.
I of course cannot find the quote I have in mind presently, though I submit for my reader's pleasure a compilation of others from the same author:
https://en.wikiquote.org/wiki/John_Kenneth_Galbraith
#JohnKennethGalbraith #AIBubble #Stonks #MarketCollapse #OnTheEdge
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RE: https://toot.cat/@CptSuperlative/117018790060866914
AI investment strains showing
The video ... somewhat inadequately contextualised below ... makes the valid point that in a down market, bad assets drag down good ones as leverage, margin requirements, and loan collateral prompt heavily-borrowing ("leveraged") investors to sell anything to meet those obligations.
As I recall John Kenneth Galbraith made this observation in The Great Crash: 1929, his history of the Wall Street crash of that year which precipitated the Great Depression. Published in 1955, and reprinted many times, it still very much bears reading if you want to understand how financial markets misbehave.
I of course cannot find the quote I have in mind presently, though I submit for my reader's pleasure a compilation of others from the same author:
https://en.wikiquote.org/wiki/John_Kenneth_Galbraith
#JohnKennethGalbraith #AIBubble #Stonks #MarketCollapse #OnTheEdge
-
RE: https://toot.cat/@CptSuperlative/117018790060866914
AI investment strains showing
The video ... somewhat inadequately contextualised below ... makes the valid point that in a down market, bad assets drag down good ones as leverage, margin requirements, and loan collateral prompt heavily-borrowing ("leveraged") investors to sell anything to meet those obligations.
As I recall John Kenneth Galbraith made this observation in The Great Crash: 1929, his history of the Wall Street crash of that year which precipitated the Great Depression. Published in 1955, and reprinted many times, it still very much bears reading if you want to understand how financial markets misbehave.
I of course cannot find the quote I have in mind presently, though I submit for my reader's pleasure a compilation of others from the same author:
https://en.wikiquote.org/wiki/John_Kenneth_Galbraith
#JohnKennethGalbraith #AIBubble #Stonks #MarketCollapse #OnTheEdge
-
RE: https://toot.cat/@CptSuperlative/117018790060866914
AI investment strains showing
The video ... somewhat inadequately contextualised below ... makes the valid point that in a down market, bad assets drag down good ones as leverage, margin requirements, and loan collateral prompt heavily-borrowing ("leveraged") investors to sell anything to meet those obligations.
As I recall John Kenneth Galbraith made this observation in The Great Crash: 1929, his history of the Wall Street crash of that year which precipitated the Great Depression. Published in 1955, and reprinted many times, it still very much bears reading if you want to understand how financial markets misbehave.
I of course cannot find the quote I have in mind presently, though I submit for my reader's pleasure a compilation of others from the same author:
https://en.wikiquote.org/wiki/John_Kenneth_Galbraith
#JohnKennethGalbraith #AIBubble #Stonks #MarketCollapse #OnTheEdge
-
RE: https://toot.cat/@CptSuperlative/117018790060866914
AI investment strains showing
The video ... somewhat inadequately contextualised below ... makes the valid point that in a down market, bad assets drag down good ones as leverage, margin requirements, and loan collateral prompt heavily-borrowing ("leveraged") investors to sell anything to meet those obligations.
As I recall John Kenneth Galbraith made this observation in The Great Crash: 1929, his history of the Wall Street crash of that year which precipitated the Great Depression. Published in 1955, and reprinted many times, it still very much bears reading if you want to understand how financial markets misbehave.
I of course cannot find the quote I have in mind presently, though I submit for my reader's pleasure a compilation of others from the same author:
https://en.wikiquote.org/wiki/John_Kenneth_Galbraith
#JohnKennethGalbraith #AIBubble #Stonks #MarketCollapse #OnTheEdge
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Meetings are indispensable when you don't want to do anything.
-- John Kenneth Galbraith -
Meetings are indispensable when you don't want to do anything.
-- John Kenneth Galbraith -
Meetings are indispensable when you don't want to do anything.
-- John Kenneth Galbraith -
Meetings are indispensable when you don't want to do anything.
-- John Kenneth Galbraith -
Meetings are indispensable when you don't want to do anything.
-- John Kenneth Galbraith -
“Total physical and mental #inertia are highly agreeable, much more so than we allow ourselves to imagine. A #beach not only permits such inertia but enforces it, thus neatly eliminating all problems of guilt.” - #JohnKennethGalbraith
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“Total physical and mental #inertia are highly agreeable, much more so than we allow ourselves to imagine. A #beach not only permits such inertia but enforces it, thus neatly eliminating all problems of guilt.” - #JohnKennethGalbraith
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“Total physical and mental #inertia are highly agreeable, much more so than we allow ourselves to imagine. A #beach not only permits such inertia but enforces it, thus neatly eliminating all problems of guilt.” - #JohnKennethGalbraith
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Meetings are indispensable when you don't want to do anything.
-- John Kenneth Galbraith⬆ #Wisdom #Quotes #JohnKennethGalbraith #Meetings
⬇ #Photography #Panorama #LakePowell #SlickRock #Canyon #Utah
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Meetings are indispensable when you don't want to do anything.
-- John Kenneth Galbraith⬆ #Wisdom #Quotes #JohnKennethGalbraith #Meetings
⬇ #Photography #Panorama #LakePowell #SlickRock #Canyon #Utah
-
Meetings are indispensable when you don't want to do anything.
-- John Kenneth Galbraith⬆ #Wisdom #Quotes #JohnKennethGalbraith #Meetings
⬇ #Photography #Panorama #LakePowell #SlickRock #Canyon #Utah
-
Meetings are indispensable when you don't want to do anything.
-- John Kenneth Galbraith⬆ #Wisdom #Quotes #JohnKennethGalbraith #Meetings
⬇ #Photography #Panorama #LakePowell #SlickRock #Canyon #Utah
-
Meetings are indispensable when you don't want to do anything.
-- John Kenneth Galbraith⬆ #Wisdom #Quotes #JohnKennethGalbraith #Meetings
⬇ #Photography #Panorama #LakePowell #SlickRock #Canyon #Utah
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If all else fails, immortality can always be assured by adequate error.
John Kenneth Galbraith (1908-2006) Canadian-American economist, diplomat, author
Money: Whence It Came, Where It Went, ch. 13 “The Self Inflicted Wounds” (1975)More info about this quote: wist.info/galbraith-john-kenne…
#quote #quotes #quotation #qotd #galbraith #johnkennethgalbraith #error #failures #fame #immortality #infamy #legacy #mistakes #renown #reputation
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If all else fails, immortality can always be assured by adequate error.
John Kenneth Galbraith (1908-2006) Canadian-American economist, diplomat, author
Money: Whence It Came, Where It Went, ch. 13 “The Self Inflicted Wounds” (1975)More info about this quote: wist.info/galbraith-john-kenne…
#quote #quotes #quotation #qotd #galbraith #johnkennethgalbraith #error #failures #fame #immortality #infamy #legacy #mistakes #renown #reputation
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If all else fails, immortality can always be assured by adequate error.
John Kenneth Galbraith (1908-2006) Canadian-American economist, diplomat, author
Money: Whence It Came, Where It Went, ch. 13 “The Self Inflicted Wounds” (1975)More info about this quote: wist.info/galbraith-john-kenne…
#quote #quotes #quotation #qotd #galbraith #johnkennethgalbraith #error #failures #fame #immortality #infamy #legacy #mistakes #renown #reputation
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If all else fails, immortality can always be assured by adequate error.
John Kenneth Galbraith (1908-2006) Canadian-American economist, diplomat, author
Money: Whence It Came, Where It Went, ch. 13 “The Self Inflicted Wounds” (1975)More info about this quote: wist.info/galbraith-john-kenne…
#quote #quotes #quotation #qotd #galbraith #johnkennethgalbraith #error #failures #fame #immortality #infamy #legacy #mistakes #renown #reputation
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“The most impressive increases in output in the history of both the #UnitedStates and the other #western countries have occurred since men began to concern themselves with reducing the risks of the #competitive system.” - #JohnKennethGalbraith, The Affluent Society
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“The most impressive increases in output in the history of both the #UnitedStates and the other #western countries have occurred since men began to concern themselves with reducing the risks of the #competitive system.” - #JohnKennethGalbraith, The Affluent Society
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Faced with the choice between changing one's own mind and proving that there is no need to do so, almost everyone gets busy on the proof.
-- John Kenneth Galbraith -
Faced with the choice between changing one's own mind and proving that there is no need to do so, almost everyone gets busy on the proof.
-- John Kenneth Galbraith -
Faced with the choice between changing one's own mind and proving that there is no need to do so, almost everyone gets busy on the proof.
-- John Kenneth Galbraith -
Faced with the choice between changing one's own mind and proving that there is no need to do so, almost everyone gets busy on the proof.
-- John Kenneth Galbraith -
Faced with the choice between changing one's own mind and proving that there is no need to do so, almost everyone gets busy on the proof.
-- John Kenneth Galbraith -
Faced with the choice between changing one's own mind and proving that there is no need to do so, almost everyone gets busy on the proof.
-- John Kenneth Galbraith -
Faced with the choice between changing one's own mind and proving that there is no need to do so, almost everyone gets busy on the proof.
-- John Kenneth Galbraith -
Faced with the choice between changing one's own mind and proving that there is no need to do so, almost everyone gets busy on the proof.
-- John Kenneth Galbraith -
Faced with the choice between changing one's own mind and proving that there is no need to do so, almost everyone gets busy on the proof.
-- John Kenneth Galbraith -
Faced with the choice between changing one's own mind and proving that there is no need to do so, almost everyone gets busy on the proof.
-- John Kenneth Galbraith -
Feeling it is time to reread Galbraith
Swap in tech and techbros for Industrial Revolution
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Feeling it is time to reread Galbraith
Swap in tech and techbros for Industrial Revolution
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Feeling it is time to reread Galbraith
Swap in tech and techbros for Industrial Revolution
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Feeling it is time to reread Galbraith
Swap in tech and techbros for Industrial Revolution
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Feeling it is time to reread Galbraith
Swap in tech and techbros for Industrial Revolution
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The only function of economic forecasting is to make astrology look respectable.
-- John Kenneth Galbraith⬆ #Wisdom #Quotes #JohnKennethGalbraith #Economics #Humor
⬇ #Photography #Panorama #ChacoCanyon #PuebloBonito #Ruins #NewMexico
-
The only function of economic forecasting is to make astrology look respectable.
-- John Kenneth Galbraith⬆ #Wisdom #Quotes #JohnKennethGalbraith #Economics #Humor
⬇ #Photography #Panorama #ChacoCanyon #PuebloBonito #Ruins #NewMexico
-
The only function of economic forecasting is to make astrology look respectable.
-- John Kenneth Galbraith⬆ #Wisdom #Quotes #JohnKennethGalbraith #Economics #Humor
⬇ #Photography #Panorama #ChacoCanyon #PuebloBonito #Ruins #NewMexico
-
The only function of economic forecasting is to make astrology look respectable.
-- John Kenneth Galbraith⬆ #Wisdom #Quotes #JohnKennethGalbraith #Economics #Humor
⬇ #Photography #Panorama #ChacoCanyon #PuebloBonito #Ruins #NewMexico
-
The only function of economic forecasting is to make astrology look respectable.
-- John Kenneth Galbraith⬆ #Wisdom #Quotes #JohnKennethGalbraith #Economics #Humor
⬇ #Photography #Panorama #ChacoCanyon #PuebloBonito #Ruins #NewMexico
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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.
-- John Kenneth Galbraith⬆ #Wisdom #Quotes #JohnKennethGalbraith #Conservatism #Rationalization #Selfishness
