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If you get a reputation for being honest, you have 95 percent of the competition already beat.
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
Honest
Reputation
Beat
Beats
Competition
Percent
Already
More quotes by John Kenneth Galbraith
Franklin Delano Roosevelt and J.F Kennedy were Presidents in very different times.
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Anyone who says he won't resign four times, will.
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I predict, not because I know, but because I'm asked.
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When you see reference to a new paradigm you should always, under all circumstances, take cover.
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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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Why is anything intrinsically so valueless so obviously desirable?
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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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At best, in such depression times, monetary policy is a feeble reed on which to lean.
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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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No grant of feudal privilege has ever equaled, for effortless return, that of the grandparent who bought and endowed his descendants with a thousand shares of General Motors or General Electric.
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No solution [to the problem of poverty] is so effective as providing income to the poor. Whether in the form of food, housing, health services, education or money, income is an excellent antidote for deprivation. No truth has spawned so much ingenious evasion.
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Consumer wants can have bizarre, frivolous, or even immoral origins, and an admirable case can still be made for a society that seeks to satisfy them. But the case cannot stand if it is the process of satisfying wants that create the wants.
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Speeches in our culture are the vacuum that fills a vacuum.
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Foreign policy is conducted for the convenience and enjoyment of people in Washington.
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Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof.
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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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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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The privileged have regularly invited their own destruction with their greed.
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We shall have a race of men who are strong on telemetry and space communications but who cannot read anything but a blueprint or write anything but a computer program.
John Kenneth Galbraith
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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