Monday, September 05, 2005

Quote: "Conventional Wisdom"--John Kenneth Galbraith

"We associate truth with convenience," he wrote,"with what most closely accords with self-interest and personal well-being or promises best to avoid awkward effort or unwelcome dislocation of life. We also find highly acceptable what contributes most to self-esteem." Economic and social behavior Galbraith continued,"are complex and to comprehend their character is mentally tiring. Therefore we adhere, as though to a raft, to those ideas which represent our understanding."

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