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Because of his compassion Owen was always in trouble with his partners. They would have much preferred a tough, down-to-earth manager who would get a days work out of the little bastards.
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
Would
Trouble
Owen
Days
Bastards
Earth
Preferred
Littles
Manager
Little
Managers
Work
Partners
Much
Tough
Always
Compassion
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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If you feed enough oats to the horse, some will pass through to feed the sparrows (referring to trickle down economics).
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The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.
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Authorship of any sort is a fantastic indulgence of the ego.
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A point must be repeated: only the pathological weakness of the financial memory...allows us to believe that the modern experience of....debt...is in any way a new phenomenon.
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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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I've been writing a book called The Economics of Innocent Fraud. I published part of it already in The Progressive (Free Market Fraud, January 1999). But I've been interrupted these last few months. It deals with all of the things we do, in an innocent way, to cover up the truth.
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Genius is a rising stock market.
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Almost every aspect of its (Federal Reserve) history should be approached with a discriminating disregard for what is commonly taught or believed.
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Economics exists to make astrology look respectable.
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Meetings are a great trap. Soon you find yourself trying to get agreement and then the people who disagree come to think they have a right to be persuaded. However, they are indispensable when you don't want to do anything.
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One man's consumption becomes his neighbor's wish.
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If it is dangerous to suppose that government is always right, it will sooner or later be awkward for public administration if most people suppose that it is always wrong.
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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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The size of General Motors is in the service not of monopoly or the economies of scale but of planning.
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A very complicated mass of things influences the economy - the speculative effect, government policy, consumer borrowing and spending, the level of technical innovation (which I concede, although everyone emphasizes it too much), and much more - including, of course, the rate of inflation.
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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.
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Decision has greater virtue and force if taken after there has been eloquent dissent.
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This is a world inhabited not by people who have to be persuaded to believe but by people who want an excuse to believe.
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Power is as power does.
John Kenneth Galbraith
