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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.
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
President
Sympathy
Political
Officials
Littles
Powers
Government
Critics
Little
Listen
Enough
Silence
Celebrated
Politics
Presidents
High
Ensure
More quotes by John Kenneth Galbraith
Of all the mysteries of the stock exchange there is none so impenetrable as why there should be a buyer for everyone who seeks to sell.
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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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This is a world inhabited not by people who have to be persuaded to believe but by people who want an excuse to believe.
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The urge to consume is fathered by the value system which emphasizes the ability of the society to produce.
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A [New Yorker ] is what it has always been. It combines those who pursue the truth with those who pursue the rewards of orthodoxy and those who pursue what is comfortable to the rich.
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Conscience is better served by a myth.
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Ideas are inherently conservative. They yield not to the attack of other ideas but to the massive onslaught of circumstance with which they cannot contend.
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The greater the wealth the thicker will be the dirt.
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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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Decision has greater virtue and force if taken after there has been eloquent dissent.
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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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American university presidents are a nervous breed I have never thought well of them as a class.
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We all agree that pessimism is a mark of superior intellect.
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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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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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I predict, not because I know, but because I'm asked.
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Who is king in the world of the blind when there isn't even a one eyed man?
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Inflation does not lubricate trade but by rescuing traders from their errors of optimism or stupidity.
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In dealing with Mr. Nixon, it is not easy to be unfair. He invites and justifies all available criticism.
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I do the best with what exists.
John Kenneth Galbraith
