Quote

Economists, on the whole, think well of what they do themselves and much less well of what their professional colleagues do.

John Kenneth Galbraith

Change background

T
T
T

Change font

TAGS & TOPICS

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
Thinking
Colleagues
Professional
Less
Wells
Well
Whole
Economists
Much
Scholarship
Think
Economist

More quotes by John Kenneth Galbraith

Image
Originality is something that is easily exaggerated, especially by authors contemplating their own work.
John Kenneth Galbraith
Image
No ethic is as ethical as the work ethic.
John Kenneth Galbraith
Image
Preservationists are the only people in the world who are invariably confirmed in their wisdom after the fact.
John Kenneth Galbraith
Image
Both we and the Soviets face the common threat of nuclear destruction and there is no likelihood that either capitalism or communism will survive a nuclear war.
John Kenneth Galbraith
Image
We all agree that pessimism is a mark of superior intellect.
John Kenneth Galbraith
Image
The conspicuously wealthy turn up urging the character building values of the privation of the poor.
John Kenneth Galbraith
Image
There is wonder and a certain wicked pleasure in these giddy ascents and terrible falls, especially as they happen to other people.
John Kenneth Galbraith
Image
It has been the acknowledged right of every Marxist scholar to read into Marx the particular meaning that he himself prefers and to treat all others with indignation.
John Kenneth Galbraith
Image
In the world of minor lunacy the behaviour of both the utterly rational and the totally insane seems equally odd.
John Kenneth Galbraith
Image
Genius is a rising stock market.
John Kenneth Galbraith
Image
The questions that are beyond the reach of economics-the beauty, dignity, pleasure and durability of life-may be inconvenient but they are important.
John Kenneth Galbraith
Image
I think the role of the Federal Reserve is enormously exaggerated.
John Kenneth Galbraith
Image
There are days when the result is so bad that no fewer than five revisions are required. In contrast, when I'm greatly inspired, only four revisions are needed.
John Kenneth Galbraith
Image
We talk of the enormous virtues of work, but it turns out that that is mostly for the poor. If you're rich enough or if you're a college professor, the virtue lies in leisure and the use you make of your leisure time.
John Kenneth Galbraith
Image
THE GENIUS of the industrial system lies in its organized use of capital and technology. This is made possible, as we have duly seen, by extensively replacing the market with planning.
John Kenneth Galbraith
Image
Few economic problems, if any, are difficult of solution. The difficulty, all but invariably, is in confronting them. We know what needs to be done for reasons of inertia, pecuniary interest, passion or ignorance, we do not wish to say so.
John Kenneth Galbraith
Image
Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention, but it has no persuasive value at all.
John Kenneth Galbraith
Image
If people are hungry, ill-clad, unsheltered or diseased, nothing is so important as to remedy their condition.
John Kenneth Galbraith
Image
All successful revolutions are the kicking in of a rotten door. The violence of revolutions is the violence of men who charge into a vacuum.
John Kenneth Galbraith
Image
Speeches in our culture are the vacuum that fills a vacuum.
John Kenneth Galbraith