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In economics, hope and faith coexist with great scientific…

“In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.” quote by John Kenneth Galbraith
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“In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.”

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.

Hope and faith coexist with scientific pretension and a desire for respectability in economics.

In simple terms: Hope and faith mix with scientific pride and respectability.

Key Takeaway

Recognize both optimism and rigor.

Themes

economics humility respectability

Mood

reflective analytical

Type

philosophical critical

When to use this quote

  • academic research
  • policy analysis
  • public discourse

Key Concepts

scientific pretension psychology of hope

Questions to Reflect On

  • How does respectability shape economic theory?
  • Can hope coexist with rigorous analysis?
A Different Perspective

Overemphasis on respectability can stifle innovation.

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