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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
Beat
Beats
Competition
Percent
Already
Honest
Reputation
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War remains the decisive human failure.
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Inventions that are not made, like babies that are not born, are rarely missed.
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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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Power is as power does.
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A wrong decision isn't forever it can always be reversed. The losses from a delayed decision are forever they can never be retrieved.
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Authorship of any sort is a fantastic indulgence of the ego.
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There can be no question, however, that prolonged commitment to mathematical exercises in economics can be damaging. It leads to the atrophy of judgement and intuition. . .
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In 1736, Franklin's Pennsylvania Gazette printed an apology for its irregular appearence because its printer was with the Press, labouring for the publick Good, to make Money more plentiful. The press was busy printing money.
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The spirit should never grow old.
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We now in the United States have more security guards for the rich than we have police services for the poor districts. If you're looking for personal security, far better to move to the suburbs than to pay taxes in New York.
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Talk of revolution is one of avoiding reality.
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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 the affluent society, no useful distinction can be made between luxuries and necessities.
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One of my greatest pleasures in my writing has come from the thought that perhaps my work might annoy someone of comfortably pretentious position. Then comes the realization that such people rarely read.
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If all else fails immortality can always be assured by adequate error.
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There's no question that in my lifetime, the contrast between what I called private affluence and public squalor has become very much greater.
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The size of General Motors is in the service not of monopoly or the economies of scale but of planning.
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Decision has greater virtue and force if taken after there has been eloquent dissent.
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Almost every aspect of its (Federal Reserve) history should be approached with a discriminating disregard for what is commonly taught or believed.
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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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