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In public administration good sense would seem to require that public expectation be kept at the lowest possible level in order to minimize eventual disappointment.
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
Possible
Disappointment
Politics
Administration
Sense
Kept
Political
Expectations
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Minimize
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Public
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Would
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Clearly the most unfortunate people are those who must do the same thing over and over again, every minute, or perhaps twenty to the minute. They deserve the shortest hours and the highest pay.
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Because of his compassion Owen was always in trouble with his partners. They would have much preferred a tough, down-to-earth manager who would get a days work out of the little bastards.
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Those days [of the Vietnam War] you couldn't get on a bus going to the South without expecting a riot over something or the other. All of that has disappeared thanks to Lyndon Johnson.
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Decision has greater virtue and force if taken after there has been eloquent dissent.
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There is an enormous thrust in our time to have a simple answer. And that simple answer is that all depends on Alan Greenspan and the Federal Reserve. And Alan, who is an old acquaintance of mine, is a marvelous performer in the impression he gives of enormously great perception.
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy that is, the search for a superior moral justification for selfishness.
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In the early days of the crash it was widely believed that Jesse L. Livermore, a Bostonian with a large and unquestionably exaggerated reputation for bear operations, leading a syndicate that was driving the market down.
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If all else fails immortality can always be assured by adequate error.
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To add to the technostructure is to increase its power in the enterprise.
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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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The power of the corporate bureaucracy - the power of technostructure (a term that did not take off) - is something to which I still adhere.
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Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.
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In economics it is a far, far wiser thing to be right than to be consistent
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A good rule of conversation is never answer a foolish question.
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Where humor is concerned there are no standards - no one can say what is good or bad, although you can be sure that everyone will.
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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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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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The only function of economic forecasting is to make astrology look respectable.
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A more important antidote to American democracy is American gerontocracy. The positions of eminence and authority in Congress are allotted in accordance with length of service, regardless of quality.
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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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