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In the conventional wisdom of conservatives, the modern search for security is regularly billed as the greatest single threat to economic progress.
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
Conservatives
Modern
Conventional
Economic
Search
Wisdom
Threat
Single
Billed
Progress
Regularly
Security
Conservatism
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More quotes by John Kenneth Galbraith
In the United States all business not transacted over the telephone is accomplished in conjunction with alcohol or food, often under conditions of advanced intoxication. This is a fact of the utmost importance for the visitor of limited funds... for it means that the most expensive restaurants are, with rare exceptions, the worst.
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We all agree that pessimism is a mark of superior intellect.
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The spirit should never grow old.
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The modern corporation must manufacture not only goods but the desire for the goods it manufactures.
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Even the word depression itself was the terminological product of an effort to soften the connotation of deep trouble. In the last century, the term crisis was normally employed. With time, however, this acquired the connotation of the misfortune it described.
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In the assumption that power belongs as a matter of course to capital, all economists are Marxians.
John Kenneth Galbraith
Commencement oratory must eschew anything that smacks of partisan politics, political preference, sex, religion or unduly firm opinion. Nonetheless, there must be a speech: Speeches in our culture are the vacuum that fills a vacuum.
John Kenneth Galbraith
The sense of responsibility in the financial community for the community as a whole is not small. It is nearly nil.
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If people are hungry, ill-clad, unsheltered or diseased, nothing is so important as to remedy their condition.
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The privileged have regularly invited their own destruction with their greed.
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Nothing is more portable than rich people and their money
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If you get a reputation for being honest, you have 95 percent of the competition already beat.
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Originality is something that is easily exaggerated, especially by authors contemplating their own work.
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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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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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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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I never enjoyed writing a book more indeed, it is the only one I remember in no sense as a labor but as a joy.
John Kenneth Galbraith
Educators have yet to realize how deeply the industrial system is dependent upon them.
John Kenneth Galbraith
[Franklin Delano] Roosevelt was the central world figure in the two great disasters of this century - the Great Depression and World War II. By contrast, JFK came in relatively peaceful, agreeable times.
John Kenneth Galbraith
In the affluent society, no useful distinction can be made between luxuries and necessities.
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