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In economics, the majority is always wrong.

  • -- John Kenneth Galbraith 加尔布雷思

在经济学中，多数人总是错的。

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Majority Economics

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It is bad to be oppressed by a minority, but it is worse to be oppressed by a majority. For there is a reserve of latent power in the masses which, if it is called into play, the minority can seldom resist. But from the absolute will of an entire people there is no appeal, no redemption, no refuge but treason.

被少数人压迫是不好的，但被多数人压迫更坏。因为群众中有一种潜在的力量，叫它发挥作用，少数人是很难抗拒的。但出于全体人民的绝对意志，除了叛国之外，没有任何呼吁，没有任何救赎，没有任何庇护。

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Demand is best measured in terms of spending. You know, I think in traditional economics, it's a mistake to measure it in terms of the quantity of goods.

需求最好用支出来衡量。我认为在传统经济学中，用商品的数量来衡量是错误的。

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The truth does not require a majority to prevail, ladies and gentlemen. The truth is its own power. The truth will out. Never forget that.

女士们先生们，真相不需要多数人的支持。真理本身就是力量。真相终将大白。永远不要忘记这一点。

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It's called political economy because it is has nothing to do with either politics or economy.

它被称为政治经济学，因为它与政治或经济都没有关系。

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