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Washington is a place where men praise courage and act on elaborate personal cost-benefit calculations.
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
Courage
Personal
Elaborate
Place
Calculations
Men
Benefit
Washington
Praise
Benefits
Cost
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Originality is something that is easily exaggerated, especially by authors contemplating their own work.
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The myth that holds that the great corporation is the puppet of the market, the powerless servant of the consumer, is, in fact one of the devices by which its power is perpetuated.
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Only in very recent times has the average man been a source of savings.
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What was needed was a policy that increased the supply of money available for use and then ensured its use. Then the state of trade would have to improve.
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There's a certain part of the contented majority who love anybody who is worth a billion dollars.
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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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If you get a reputation for being honest, you have 95 percent of the competition already beat.
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In the affluent society, no useful distinction can be made between luxuries and necessities.
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I am for a close global association in trade and financial matters, rather than the opposite possibility of excessive nationalism, as manifested in the two world wars.
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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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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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The greater the wealth the thicker will be the dirt.
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In economics it is a far, far wiser thing to be right than to be consistent
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Conscience is better served by a myth.
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Faced with having to change our views or prove that there is no need to do so, most of us immediately get busy on the proof.
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