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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.
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
Wells
Well
Whole
Economists
Much
Scholarship
Think
Economist
Thinking
Colleagues
Professional
Less
More quotes by John Kenneth Galbraith
Emancipation of belief is the most formidable of the tasks of reform and the one on which all else depends.
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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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Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.
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Inflation does not lubricate trade but by rescuing traders from their errors of optimism or stupidity.
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A more important antidote to American democracy is American gerontocracy. The positions of eminence and authority in Congress are allotted in accordance with length of service, regardless of quality.
John Kenneth Galbraith
More die in the United States of too much food than of too little.
John Kenneth Galbraith
In the affluent society, no useful distinction can be made between luxuries and necessities.
John Kenneth Galbraith
To see economic policy as a problem of choice between rival ideologies is the greatest error of our time.
John Kenneth Galbraith
Anyone who says he won't resign four times, will.
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Why is anything intrinsically so valueless so obviously desirable?
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Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.
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In the world of minor lunacy the behaviour of both the utterly rational and the totally insane seems equally odd.
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I am for a close global association in trade and financial matters, rather than the opposite possibility of excessive nationalism, as manifested in the two world wars.
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In the assumption that power belongs as a matter of course to capital, all economists are Marxians.
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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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Ideas do not respect national frontiers, and this is especially so where language and other traditions are in common.
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Economics exists to make astrology look respectable.
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Of late I have searched diligently to discover the advantages of age, and there is, I have concluded, only one. It is that lovely women treat your approaches with understanding rather than with disdain.
John Kenneth Galbraith
Things that come from the private sector are in abundant supply things that depend on the public sector are widely a problem. We're a world, as I said in The Affluent Society, of filthy streets and clean houses, poor schools and expensive television.
John Kenneth Galbraith
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.
John Kenneth Galbraith
