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You will find that [the] State [Department] is the kind of organisation which, though it does big things badly, does small things badly too.
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
States
Kindness
Government
Organization
Find
Small
Kind
Politics
Things
Though
State
Organisation
Bigs
Badly
Doe
Department
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The spirit should never grow old.
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In economics, the majority is always wrong.
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I think the role of the Federal Reserve is enormously exaggerated.
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I've long believed alas, that in highly organized industrial societies, capitalist or socialist, the stronger tendency is to converge - that if steel or automobiles are wanted and must be made on a large scale, the process will stamp its imprint on the society, whether that me be Magnitogorsk or Gary, Indiana.
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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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It was Herbert Spencer, not Charles Darwin, who coined the phrase Survival of the Fittest.
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Nothing is so admirable in politics as a short memory.
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However, it is safe to say that at the peak in 1929 the number of active speculators was less - and probably was much less - than a million.
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In the United States all business not transacted over the telephone is accomplished in conjunction with alcohol or food, often under conditions of advanced intoxication. This is a fact of the utmost importance for the visitor of limited funds... for it means that the most expensive restaurants are, with rare exceptions, the worst.
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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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No society ever seems to have succumbed to boredom. Man has developed an obvious capacity for surviving the pompous reiteration of the commonplace.
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One of the little-celebrated powers of Presidents (and other high government officials) is to listen to their critics with just enough sympathy to ensure their silence.
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In recent times no problem has been more puzzling to thoughtful people than why, in a troubled world, we make such poor use of our affluence.
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It takes some skill to spoil a breakfast - even the English can't do it.
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Inventions that are not made, like babies that are not born, are rarely missed.
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The only function of economic forecasting is to make astrology look respectable.
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Men are, in fact, either sustained by organization or they sustain organization.
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Talk of revolution is one of avoiding reality.
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I think without a doubt, that what is called financial genius is merely a rising market.
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