“There is an old saying, or should be, that it is a wise economist who recognizes the scope of his own generalizations.”
More from John Kenneth Galbraith on Wisdom
“One of the greatest pieces of economic wisdom is to know what you do not know.”
“In any great organization it is far, far safer to be wrong with the majority than to be right alone.”
“Wisdom, itself, is often an abstraction associated not with fact or reality but with the man who asserts it and the manner of its assertion.”
Others on Wisdom
Sun Tzu
30 quotes“A clever general, therefore, avoids an army when its spirit is keen, but attacks it when it is sluggish and inclined to...”
Dalai Lama
22 quotes“A disciplined mind leads to happiness, and an undisciplined mind leads to suffering.”
Cervantes
20 quotes“Honesty's the best policy.”
Aesop
19 quotes“Do not waste your pity on a scamp.”
Confucius
19 quotes“If a man take no thought about what is distant he will find sorrow near at hand.”
Ben Franklin
18 quotes“Never ruin an apology with an excuse.”
Napoleon
16 quotes“One must change one's tactics every ten years if one wishes to maintain one's superiority.”
Cicero
15 quotes“Gratitude is not only the greatest of virtues, but the parent of all others.”
George Washington
14 quotes“I hold the maxim no less applicable to public than to private affairs, that honesty is always the best policy.”
Khalil Gibran
14 quotes“A little knowledge that acts is worth infinitely more than much knowledge that is idle.”
Rudyard Kipling
14 quotes“One paid for one's knowledge with one's skin.”
William Penn
14 quotes“Speak properly, and in as few words as you can, but always plainly; for the end of speech is not ostentation, but to be...”