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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.
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
Door
Revolution
Vacuums
Doors
Vacuum
Violence
Revolutions
Economy
Kicking
Successful
Rebellious
Politics
Rotten
Men
Charge
More quotes by John Kenneth Galbraith
War remains the decisive human failure.
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I accept the global complex and global trade more than do some of my liberal colleagues because I consider this a wise alternative to national tension and conflict.
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I think the role of the Federal Reserve is enormously exaggerated.
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In fact, the wage-price spiral is the functional counterpart of unemployment. The latter occurs when there is insufficient demand the spiral operates when there is too much and also,unfortunately, when there is just enough.
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I've been writing a book called The Economics of Innocent Fraud. I published part of it already in The Progressive (Free Market Fraud, January 1999). But I've been interrupted these last few months. It deals with all of the things we do, in an innocent way, to cover up the truth.
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Few economic problems, if any, are difficult of solution. The difficulty, all but invariably, is in confronting them. We know what needs to be done for reasons of inertia, pecuniary interest, passion or ignorance, we do not wish to say so.
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It has been the acknowledged right of every Marxist scholar to read into Marx the particular meaning that he himself prefers and to treat all others with indignation.
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All, the intelligent and stupid, diligent and idle, have been swept along on a current of increased output that, in the usual case, owed nothing whatever to their efforts.
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Happiness does not require an expanding economy
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Economists are generally negligent of their heroes.
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It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought.
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Franklin Delano Roosevelt and J.F Kennedy were Presidents in very different times.
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There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know.
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Pundits forecast not because they know, but because they are asked.
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Of all classes the rich are the most noticed and the least studied.
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No ethic is as ethical as the work ethic.
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In the world of minor lunacy the behaviour of both the utterly rational and the totally insane seems equally odd.
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The questions that are beyond the reach of economics-the beauty, dignity, pleasure and durability of life-may be inconvenient but they are important.
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There are days when the result is so bad that no fewer than five revisions are required. In contrast, when I'm greatly inspired, only four revisions are needed.
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Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative.
John Kenneth Galbraith
