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Emancipation of belief is the most formidable of the tasks of reform and the one on which all else depends.
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
Reform
Tasks
Depends
Belief
Else
Believe
Emancipation
Formidable
More quotes by John Kenneth Galbraith
In economics it is a far, far wiser thing to be right than to be consistent
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It is not the individual's right to buy that is being protected. Rather, it is the seller's right to manage the individual.
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Inflation does not lubricate trade but by rescuing traders from their errors of optimism or stupidity.
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It takes some skill to spoil a breakfast - even the English can't do it.
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Ideas do not respect national frontiers, and this is especially so where language and other traditions are in common.
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There was something superficial in attributing anything so awful as the Great Depression to anything so insubstantial as speculation in common stocks.
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Only men of considerable vanity write books consistently therewith, I worried lest the world were exchanging an irreplaceable author for a more easily purchased diplomat.
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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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People of privilege will always risk their complete destruction rather than surrender any material part of their advantage.
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Talk of revolution is one of avoiding reality.
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Originality is something that is easily exaggerated, especially by authors contemplating their own work.
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It was not hard to persuade people that the market was sound as always in such times they asked only that the dispiriting voices of doubt be muted and that there should be tolerably frequent expressions of confidence.
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Preservationists are the only people in the world who are invariably confirmed in their wisdom after the fact.
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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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Nothing is more portable than rich people and their money
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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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The spirit should never grow old.
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Only in very recent times has the average man been a source of savings.
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There is something wonderful in seeing a wrong-headed majority assailed by truth.
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But there is merit even in the mentally retarded legislator. He asks the questions that everyone is afraid to ask for fear of seeming simple.
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