In the affluent society no sharp distinction can be made between luxuries and necessaries.

John Kenneth Galbraith (1908-2006) Canadian-American economist, diplomat, author
The Affluent Society, ch. 21, sec. 4 (1998, 4th ed.)
    (Source)

On sales taxes. Sometimes quoted (from other editions?) as "useful distinction."

 
Added on 14-Jan-20 | Last updated 14-Jan-20
Link to this post | No comments
Topics: , , , , , ,
More quotes by Galbraith, John Kenneth

Thoughts? Comments? Corrections? Feedback?