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In economics it is a far, far wiser thing to be right than…

“In economics it is a far, far wiser thing to be right than to be consistent” quote by John Kenneth Galbraith
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“In economics it is a far, far wiser thing to be right than to be consistent”

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.

Being correct in analysis outweighs merely being consistent in opinion.

In simple terms: Correctness beats consistency.

Key Takeaway

Prioritize truth over habit.

Themes

truth analysis integrity

Mood

thoughtful analytical

Type

philosophical advice

When to use this quote

  • policy debates
  • academic research
  • business strategy

Key Concepts

economics critical thinking decision making

Questions to Reflect On

  • Is it better to be right or reliable?
  • When does consistency become harmful?
A Different Perspective

Consistency can be useful for building trust, even if occasionally wrong.

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