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John Kenneth Galbraith Quotes

John Kenneth Galbraith

Canadian-American economist

Nationality: American
|
Type: Economist
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Birth: 1908-2007
Page: 1
An important antidote to American democracy is American gerontocracy. The positions of eminence and authority in Congress are allotted in accordance with length of service, regardless of quality. Superficial observers have long criticized the United State
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There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.
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In the choice between changing one's mind and proving there's no need to do so, most people get busy on the proof.
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The Metropolis should have been aborted long before it became New York, London or Tokyo.
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The man who is admired for the ingenuity of his larceny is almost always rediscovering some earlier form of fraud. The basic forms are all known, have all been practiced. The manners of capitalism improve. The morals may not.
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When people put their ballots in the boxes, they are, by that act, inoculated against the feeling that the government is not theirs. They then accept, in some measure, that its errors are their errors, its aberrations their aberrations, that any revolt wi
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There are few ironclad rules of diplomacy but to one there is no exception. When an official reports that talks were useful, it can safely be concluded that nothing was accomplished.
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In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.
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In economics the majority is always wrong.
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In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally good or equally bad. It is the narrowest decisions that are most ardently debated. If the world is lucky enough to enjoy
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More die in the United States from too much food that from too little.
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It would be foolish to suggest that government is a good custodian of aesthetic goals. But, there is no alternative to the state.
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The contented and economically comfortable have a very discriminating view of government. Nobody is ever indignant about bailing out failed banks and failed savings and loans associations. But when taxes must be paid for the lower middle class and poor, t
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All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership.
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Much literary criticism comes from people for whom extreme specialization is a cover for either grave cerebral inadequacy or terminal laziness, the latter being a much cherished aspect of academic freedom.
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Money is a singular thing. It ranks with love as man's greatest source of joy. And with death as his greatest source of anxiety. Over all history it has oppressed nearly all people in one of two ways: either it has been abundant and very unreliable, or re
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Money differs from an automobile or mistress in being equally important to those who have it and those who do not.
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We all agree that pessimism is a mark of superior intellect.
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Man, at least when educated, is a pessimist. He believes it safer not to reflect on his achievements; Jove is known to strike such people down.
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Politics is not the art of the possible. It consists in choosing between the disastrous and the unpalatable.
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Nothing is so admirable in politics as a short memory.
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There are times in politics when you must be on the right side and lose.
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In the United States, though power corrupts, the expectation of power paralyzes.
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All successful revolutions are the kicking in of a rotten door. The violence of revolutions is the violence of men who charge into a vacuum.
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Of all classes the rich are the most noticed and the least studied.
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The conspicuously wealthy turn up urging the character building values of the privation of the poor.
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Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.
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Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.
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One of the greatest pieces of economic wisdom is to know what you do not know.
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Clearly the most unfortunate people are those who must do the same thing over and over again, every minute, or perhaps twenty to the minute. They deserve the shortest hours and the highest pay.
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Page: 1