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In dealing with Mr. Nixon, it is not easy to be unfair. He invites and justifies all available criticism.
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
Invites
Unfair
Justify
Dealing
Available
Criticism
Easy
Justifies
Nixon
More quotes by John Kenneth Galbraith
Nostalgia combines regularly with manifest respectability to give credence to old error as opposed to new truth.
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The experience of being disastrously wrong is salutary, no economist should be denied it, and not many are.
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The modern corporation must manufacture not only goods but the desire for the goods it manufactures.
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When people are least sure, they are often most dogmatic.
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Economists are generally negligent of their heroes.
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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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Ideas do not respect national frontiers, and this is especially so where language and other traditions are in common.
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Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof.
John Kenneth Galbraith
However, it is safe to say that at the peak in 1929 the number of active speculators was less - and probably was much less - than a million.
John Kenneth Galbraith
Economics exists to make astrology look respectable.
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People of privilege will always risk their complete destruction rather than surrender any material part of their advantage.
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Speeches in our culture are the vacuum that fills a vacuum.
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Writing is a long and lonesome business back of the problems in thought and composition hover always the awful questions: Is this the page that shows the empty shell? Is it here and now that they find me out?
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The world of finance hails the invention of the wheel over and over again, often in a slightly more unstable version.
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The sense of responsibility in the financial community for the community as a whole is not small. It is nearly nil.
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Agriculture is one economic activity that does not obey the laws of demand and supply.
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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.
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Even the word depression itself was the terminological product of an effort to soften the connotation of deep trouble. In the last century, the term crisis was normally employed. With time, however, this acquired the connotation of the misfortune it described.
John Kenneth Galbraith
The happiest time of anyone's life is just after the first divorce.
John Kenneth Galbraith
The first goal of the technostructure is its own security.
John Kenneth Galbraith