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If people are hungry, ill-clad, unsheltered or diseased, nothing is so important as to remedy their condition.
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
Ill
Condition
Hungry
Hunger
Conditions
Nothing
Clad
Important
Diseased
People
Remedy
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According to the experience of all but the most accomplished jugglers, it is easier to keep one ball in the air than many.
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All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership.
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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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In economics it is a far, far wiser thing to be right than to be consistent
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Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.
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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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The greater the wealth the thicker will be the dirt.
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No ethic is as ethical as the work ethic.
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War remains the decisive human failure.
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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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Men are, in fact, either sustained by organization or they sustain organization.
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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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American university presidents are a nervous breed I have never thought well of them as a class.
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Economists, on the whole, think well of what they do themselves and much less well of what their professional colleagues do.
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Power is as power does.
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The enemy of the conventional wisdom is not ideas but the march of events.
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There are times in politics when you must be on the right side and lose.
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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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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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Ideas are inherently conservative. They yield not to the attack of other ideas but to the massive onslaught of circumstance with which they cannot contend.
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