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In the autumn of 1929 the mightiest of Americans were, for a brief time, revealed as human beings.
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
Beings
Human
Humans
Time
Mightiest
Brief
Revealed
Autumn
Americans
More quotes by John Kenneth Galbraith
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.
John Kenneth Galbraith
People who are in a fortunate position always attribute virtue to what makes them so happy.
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The greater the wealth the thicker will be the dirt.
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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.
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One man's consumption becomes his neighbor's wish.
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Agriculture is one economic activity that does not obey the laws of demand and supply.
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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.
John Kenneth Galbraith
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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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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Economists are economical, among other things, of ideas most make those of their graduate days do for a lifetime.
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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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To see economic policy as a problem of choice between rival ideologies is the greatest error of our time.
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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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Pundits forecast not because they know, but because they are asked.
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The enemy of the conventional wisdom is not ideas but the march of events.
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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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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.
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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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There is something wonderful in seeing a wrong-headed majority assailed by truth.
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We all agree that pessimism is a mark of superior intellect.
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