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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
Doors
Vacuum
Violence
Revolutions
Economy
Kicking
Successful
Rebellious
Politics
Rotten
Men
Charge
Door
Revolution
Vacuums
More quotes by John Kenneth Galbraith
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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The experience of being disastrously wrong is salutary, no economist should be denied it, and not many are.
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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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In economics, the majority is always wrong.
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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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Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy — what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.
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Ideas do not respect national frontiers, and this is especially so where language and other traditions are in common.
John Kenneth Galbraith
Technology means the systematic application of scientific or other organized knowledge to practical tasks.
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The spirit should never grow old.
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Men will look back in amusement at the pretence that once caused people to refer to General Dynamics and North American Aviation and AT&T as private business.
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If all else fails immortality can always be assured by adequate error.
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The world of finance hails the invention of the wheel over and over again, often in a slightly more unstable version.
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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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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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Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention, but it has no persuasive value at all.
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Anyone who says he won't resign four times, will.
John Kenneth Galbraith
Economics is not an exact science.
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We live surrounded by a systematic appeal to a dream world which all mature, scientific reality would reject. We, quite literally, advertise our commitment to immaturity, mendacity and profound gullibility. It is as the hallmark of the culture. And it is justified as being economically indispensable.
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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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One man's consumption becomes his neighbor's wish.
John Kenneth Galbraith
