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In all life one should comfort the afflicted, but verily, also, one should afflict the comfortable, and especially when they are comfortably, contentedly, even happily wrong.
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
Comfort
Afflict
Comfortable
Verily
Especially
Afflicted
Wrong
Comfortably
Also
Complacency
Even
Happily
Life
Affliction
Acceptance
Contentedly
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Agriculture is one economic activity that does not obey the laws of demand and supply.
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Inventions that are not made, like babies that are not born, are rarely missed.
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No nice philosophical point has ever been so decisively resolved as this: that those who are not conceived do not miss the pleasure of consuming the goods they do not get born to enjoy.
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Only in very recent times has the average man been a source of savings.
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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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Ralph [ Nader] is an old friend of mine, and he does a useful job in displaying a position.
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If it is dangerous to suppose that government is always right, it will sooner or later be awkward for public administration if most people suppose that it is always wrong.
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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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The foresight of financial experts was, as so often, a poor guide to the future.
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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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Pundits forecast not because they know, but because they are asked.
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It takes some skill to spoil a breakfast - even the English can't do it.
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Consumer wants can have bizarre, frivolous, or even immoral origins, and an admirable case can still be made for a society that seeks to satisfy them. But the case cannot stand if it is the process of satisfying wants that create the wants.
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It is not the individual's right to buy that is being protected. Rather, it is the seller's right to manage the individual.
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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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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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Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention, but it has no persuasive value at all.
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The first goal of the technostructure is its own security.
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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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