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There's a certain part of the contented majority who love anybody who is worth a billion dollars.
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
Political
Contented
Part
Billion
Certain
Billions
Love
Dollars
Majority
Anybody
Worth
Politics
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The privileged have regularly invited their own destruction with their greed.
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I think the role of the Federal Reserve is enormously exaggerated.
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The greater the wealth the thicker will be the dirt.
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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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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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The present age of contentment will come to an end only when and if the adverse developments that it fosters challenge the sense of comfortable well-being
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Nostalgia combines regularly with manifest respectability to give credence to old error as opposed to new truth.
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Economists, on the whole, think well of what they do themselves and much less well of what their professional colleagues do.
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The questions that are beyond the reach of economics-the beauty, dignity, pleasure and durability of life-may be inconvenient but they are important.
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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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Men will look back in amusement at the pretence that once caused people to refer to General Dynamics and North American Aviation and AT&T as private business.
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I do the best with what exists.
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Washington is a place where men praise courage and act on elaborate personal cost-benefit calculations.
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In economics, the majority is always wrong.
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A more 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.
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People who are in a fortunate position always attribute virtue to what makes them so happy.
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Get the process of negotiation away from the small specialized group that some people have called the nuclear theologians ... Only a few people can understand the nature of these weapons ... This kept the whole discussion to a very limited group of people who, in a way, had assumed responsibility for saying whether we should live or die.
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Increasingly in recent times we have come first to identify the remedy that is most agreeable, most convenient, most in accord with major pecuniary or political interest, the one that reflects our available faculty for action then we move from the remedy so available or desired back to a cause to which that remedy is relevant.
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Happiness does not require an expanding economy
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You roll back the stones, and you find slithering things. That is the world of Richard Nixon.
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