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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
Modern
Conservatives
Economic
Conventional
Wisdom
Search
Threat
Single
Progress
Billed
Security
Regularly
Greatest
Conservatism
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The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.
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A drastic reduction in weapons competition following a general release from the commitment to the Cold War would be sharply in conflict with the needs of the industrial system.
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Foreign policy is conducted for the convenience and enjoyment of people in Washington.
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Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.
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One can relish the varied idiocy of human action during a panic to the full, for, while it is a time of great tragedy, nothing is being lost but money.
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[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.
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In the autumn of 1929 the mightiest of Americans were, for a brief time, revealed as human beings.
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There was something superficial in attributing anything so awful as the Great Depression to anything so insubstantial as speculation in common stocks.
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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.
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There is little that can be said about most economic goods. A toothbrush does little but clean teeth. Aspirin does little but dull pain. Alcohol is important mostly for making people more or less drunk ... There being so little to be said, much is to be invented.
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Ralph [ Nader] is an old friend of mine, and he does a useful job in displaying a position.
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Preservationists are the only people in the world who are invariably confirmed in their wisdom after the fact.
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One of the little-celebrated powers of Presidents (and other high government officials) is to listen to their critics with just enough sympathy to ensure their silence.
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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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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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Speeches in our culture are the vacuum that fills a vacuum.
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