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Educators have yet to realize how deeply the industrial system is dependent upon them.
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
Upon
Educators
Educator
Industrial
Dependent
Deeply
Realize
Realizing
System
More quotes by John Kenneth Galbraith
When people are least sure, they are often most dogmatic.
John Kenneth Galbraith
But it can be laid down as a rule that those who speak most of liberty are least inclined to use it.
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Nothing is so admirable in politics as a short memory.
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There's no question that in my lifetime, the contrast between what I called private affluence and public squalor has become very much greater.
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The foresight of financial experts was, as so often, a poor guide to the future.
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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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The modern conservative is engaged in one of man's oldest exercises in moral philosophy that is, the search for a superior moral justification for selfishness.
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There are a significant number of learned men and women who hold that any successful effort to make ideas lively, intelligible and interesting is a manifestation of deficient scholarship. This is the fortress behind which the minimally coherent regularly find refuge.
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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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Nostalgia combines regularly with manifest respectability to give credence to old error as opposed to new truth.
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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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There is a common tendency to ignore the poor or to develop some rationalisation for the good fortune of the fortunate.
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We shall have a race of men who are strong on telemetry and space communications but who cannot read anything but a blueprint or write anything but a computer program.
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The conspicuously wealthy turn up urging the character building values of the privation of the poor.
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We now in the United States have more security guards for the rich than we have police services for the poor districts. If you're looking for personal security, far better to move to the suburbs than to pay taxes in New York.
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There was something superficial in attributing anything so awful as the Great Depression to anything so insubstantial as speculation in common stocks.
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No one was responsible for the great Wall Street crash. No one engineered the speculation that preceded it. Both were the product of free choice and decision of hundreds of thousands of individuals.
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Who is king in the world of the blind when there isn't even a one eyed man?
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The questions that are beyond the reach of economics-the beauty, dignity, pleasure and durability of life-may be inconvenient but they are important.
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Happiness does not require an expanding economy
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