In economics, the majority is always wrong.
quote by John Kenneth Galbraith
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Related quotes
It is proof of a base and low mind for one to wish to think with the masses or majority, merely because the majority is the majority. Truth does not change because it is, or is not, believed by a majority of the people.
quote by Giordano Bruno
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My job was to teach the whole corpus of economic theory, but there were two subjects in which I was especially interested, namely, the economics of mass unemployment and international economics.
quote by James Meade
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After graduating in engineering I went to the University of Kansas to get an MA in economics as a vehicle for allowing me to decide if I wanted to continue in economics.
quote by Vernon L. Smith
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The Minority Government
The wise are in minority.
The rulers are in minority
Rogues too are in minority.
So are captains and militants.
Teachers are in minority.
Bishops are in minority.
Juries too are minority.
So are smugglers and the rich.
Americans are in minority.
Human beings are in minority.
Minority rules the majority.
Minority rides the majority.
Majority yields to minority.
Majority fears the minority,
And loves to play the role of drudgery.
The sign of majority is slavery
23.09.2008
poem by Rm. Shanmugam Chettiar
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History shows that where ethics and economics come in conflict, victory is always with economics. Vested interests have never been known to have willingly divested themselves unless there was sufficient force to compel them.
quote by B.R. Ambedkar
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The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them; Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.
quote by James Thurber
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The basic policy of the British Government was that since the majority of people in Northern Ireland wished to remain in the United Kingdom, that was that. We asked what would happen if the majority wanted something else, if the majority wanted to see Irish unity.
The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.
quote by Thomas Sowell
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The Majesty of the majority
The arrogance of the majority
Kills the freedom of the minority.
The authority of the majority
Checks the progress of the minority.
The humility of the majority
Tends the growth of the minority
The majesty of the majority
Grants the safety of the minority
Let the Babaar majid be rebuilt.
[The majid was an unused mosque built centuries ago in the place of a Hindu temple, and was destructed by the Hindu faith people giving a shock to the country’s secularism]
11.01.2004
poem by Rm. Shanmugam Chettiar
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All of the problems we're facing with debt are manmade problems. We created them. It's called fantasy economics. Fantasy economics only works in a fantasy world. It doesn't work in reality.
quote by Michele Bachmann
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A minority may be right, and a majority is always wrong.
quote by Henrik Ibsen
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The minority is sometimes right; the majority always wrong.
quote by George Bernard Shaw
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The majority is always wrong; the minority is rarely right.
quote by Henrik Ibsen
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Democracy encourages the majority to decide things about which the majority is ignorant.
quote by John Simon
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Democracy encourages the majority to decide things about which the majority is blissfully ignorant.
quote by John Simon
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A dissenting minority feels free only when it can impose its will on the majority: what it abominates most is the dissent of the majority.
quote by Eric Hoffer
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There is nothing wrong with the name White Settlement, and the majority here is proud of the name.
quote by Alan Price
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It is unnatural for a majority to rule, for a majority can seldom be organized and united for specific action, and a minority can.
quote by Jean Jacques Rousseau
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In any great organization it is far, far safer to be wrong with the majority than to be right alone.
quote by John Kenneth Galbraith
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The one pervading evil of democracy is the tyranny of the majority, or rather of that party, not always the majority, that succeeds, by force or fraud, in carrying elections.
quote by Lord Acton
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