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Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative.
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
People
Alternatives
Economics
Aware
Politics
Political
Reason
Painfully
Think
Alternative
Thinking
Liberalism
More quotes by John Kenneth Galbraith
Economic theory is the most prestigious subject of instruction and study. Agricultural economics, labor economics and marketing are lower caste fields of study.
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Any country that has Milton Friedman as an adviser has nothing to fear from a few million Arabs.
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The size of General Motors is in the service not of monopoly or the economies of scale but of planning.
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The Senate has unlimited debate in the House, debate is ruthlessly circumscribed. There is frequent discussion as to which technique most effectively frustrates democratic process.
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The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.
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I predict, not because I know, but because I'm asked.
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Economics is not an exact science.
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It has been the acknowledged right of every Marxist scholar to read into Marx the particular meaning that he himself prefers and to treat all others with indignation.
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A good rule of conversation is never answer a foolish question.
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Almost every aspect of its (Federal Reserve) history should be approached with a discriminating disregard for what is commonly taught or believed.
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One of my greatest pleasures in my writing has come from the thought that perhaps my work might annoy someone of comfortably pretentious position. Then comes the realization that such people rarely read.
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Only in very recent times has the average man been a source of savings.
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The more underdeveloped the country, the more overdeveloped the women.
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All crises have involved debt that, in one fashion or another, has become dangerously out of scale in relation to the underlying means of payment.
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The world of finance hails the invention of the wheel over and over again, often in a slightly more unstable version.
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The inborn instability of capitalism has been part of the history of the system for several hundred years.
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Conscience is better served by a myth.
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