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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
Even
Happily
Life
Affliction
Acceptance
Contentedly
Comfort
Afflict
Comfortable
Verily
Especially
Afflicted
Wrong
Comfortably
Also
Complacency
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War remains the decisive human failure.
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According to the experience of all but the most accomplished jugglers, it is easier to keep one ball in the air than many.
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The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled.
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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.
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The urge to consume is fathered by the value system which emphasizes the ability of the society to produce.
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Things that come from the private sector are in abundant supply things that depend on the public sector are widely a problem. We're a world, as I said in The Affluent Society, of filthy streets and clean houses, poor schools and expensive television.
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A very complicated mass of things influences the economy - the speculative effect, government policy, consumer borrowing and spending, the level of technical innovation (which I concede, although everyone emphasizes it too much), and much more - including, of course, the rate of inflation.
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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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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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Agriculture is one economic activity that does not obey the laws of demand and supply.
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Economists are economical, among other things, of ideas most make those of their graduate days do for a lifetime.
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A businessman who reads Business Week is lost to fame. One who reads Proust is marked for greatness.
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American university presidents are a nervous breed I have never thought well of them as a class.
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Writing is a long and lonesome business back of the problems in thought and composition hover always the awful questions: Is this the page that shows the empty shell? Is it here and now that they find me out?
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The modern corporation must manufacture not only goods but the desire for the goods it manufactures.
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One man's consumption becomes his neighbor's wish.
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I do the best with what exists.
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I react to what is necessary. I would like to eschew any formula.
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If all else fails immortality can always be assured by adequate error.
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