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Few economic problems, if any, are difficult of solution…

“Few economic problems, if any, are difficult of solution. The difficulty, all but invariably, is in confronting them. We know what needs to be done; for reasons of inertia, pecuniary interest, passion or ignorance, we do not wish to say so.” quote by John Kenneth Galbraith
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“Few economic problems, if any, are difficult of solution. The difficulty, all but invariably, is in confronting them. We know what needs to be done; for reasons of inertia, pecuniary interest, passion or ignorance, we do not wish to say so.”

John Kenneth Galbraith

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Economic problems are often solvable; the real obstacle is political and psychological resistance to implementing solutions.

In simple terms: Problems are solvable; resistance blocks action.

Key Takeaway

Identify and address the underlying resistance.

Themes

economics politics human behavior

Mood

frustrated determined

Type

analytical critical

When to use this quote

  • policy reform
  • budget allocation
  • public advocacy
  • stakeholder negotiation

Key Concepts

inertia interest ignorance passion

Questions to Reflect On

  • What interests or fears prevent action?
  • How can leaders overcome inertia?
A Different Perspective

Solutions may be technically easy but politically hard to achieve.

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