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Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof.
John Kenneth Galbraith
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John Kenneth Galbraith
Age: 97 †
Born: 1908
Born: October 15
Died: 2006
Died: April 29
Diplomat
Economist
Non-Fiction Writer
Politician
University Teacher
John K. Galbraith
Needs
Choices
Busy
Mind
Freedom
Intelligence
Proving
Everyone
Choice
Faced
Science
Prove
Libertarian
Inspirational
Sweet
Clever
Truth
Gets
Economics
Change
Liberty
Proof
Need
Almost
Changing
More quotes by John Kenneth Galbraith
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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Genius is a rising stock market.
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There was something superficial in attributing anything so awful as the Great Depression to anything so insubstantial as speculation in common stocks.
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If people are hungry, ill-clad, unsheltered or diseased, nothing is so important as to remedy their condition.
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A good rule of conversation is never answer a foolish question.
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Power is not something that can be assumed or discarded at will like underwear.
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We talk of the enormous virtues of work, but it turns out that that is mostly for the poor. If you're rich enough or if you're a college professor, the virtue lies in leisure and the use you make of your leisure time.
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Franklin Delano Roosevelt and J.F Kennedy were Presidents in very different times.
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Very important functions can be performed very wastefully and often are.
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In the affluent society, no useful distinction can be made between luxuries and necessities.
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It was not hard to persuade people that the market was sound as always in such times they asked only that the dispiriting voices of doubt be muted and that there should be tolerably frequent expressions of confidence.
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Even the word depression itself was the terminological product of an effort to soften the connotation of deep trouble. In the last century, the term crisis was normally employed. With time, however, this acquired the connotation of the misfortune it described.
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There is a common tendency to ignore the poor or to develop some rationalisation for the good fortune of the fortunate.
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Because of his compassion Owen was always in trouble with his partners. They would have much preferred a tough, down-to-earth manager who would get a days work out of the little bastards.
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Both we and the Soviets face the common threat of nuclear destruction and there is no likelihood that either capitalism or communism will survive a nuclear war.
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There can be no question, however, that prolonged commitment to mathematical exercises in economics can be damaging. It leads to the atrophy of judgement and intuition. . .
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There's a certain part of the contented majority who love anybody who is worth a billion dollars.
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[Franklin Delano] Roosevelt was the central world figure in the two great disasters of this century - the Great Depression and World War II. By contrast, JFK came in relatively peaceful, agreeable times.
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Agriculture is one economic activity that does not obey the laws of demand and supply.
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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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