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In the world of minor lunacy the behaviour of both the utterly rational and the totally insane seems equally odd.
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
Seems
Behaviour
World
Utterly
Odd
Statistics
Equally
Insane
Lunacy
Rational
Minor
Totally
Minors
More quotes by John Kenneth Galbraith
In the autumn of 1929 the mightiest of Americans were, for a brief time, revealed as human beings.
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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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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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A businessman who reads Business Week is lost to fame. One who reads Proust is marked for greatness.
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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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Anyone who says he won't resign four times, will.
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There is something wonderful in seeing a wrong-headed majority assailed by truth.
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I was brought up in southwestern Ontario where we were taught that Canadian patriotism should not withstand anything more than a five-dollar-a-month wage differential. Anything more than that and you went to Detroit.
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The foresight of financial experts was, as so often, a poor guide to the future.
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There is little that can be said about most economic goods. A toothbrush does little but clean teeth. Aspirin does little but dull pain. Alcohol is important mostly for making people more or less drunk ... There being so little to be said, much is to be invented.
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When people are least sure, they are often most dogmatic.
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Educators have yet to realize how deeply the industrial system is dependent upon them.
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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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I predict, not because I know, but because I'm asked.
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The greater the wealth the thicker will be the dirt.
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People who are in a fortunate position always attribute virtue to what makes them so happy.
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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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Economics is not an exact science.
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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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I've long believed alas, that in highly organized industrial societies, capitalist or socialist, the stronger tendency is to converge - that if steel or automobiles are wanted and must be made on a large scale, the process will stamp its imprint on the society, whether that me be Magnitogorsk or Gary, Indiana.
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