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American university presidents are a nervous breed I have never thought well of them as a class.
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
President
Thought
Wells
Breed
Well
Presidents
Never
Nervous
University
Class
American
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The conspicuously wealthy turn up urging the character building values of the privation of the poor.
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The more underdeveloped the country, the more overdeveloped the women.
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In public administration good sense would seem to require that public expectation be kept at the lowest possible level in order to minimize eventual disappointment.
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If you're rich you can buy books. If you're poor, you need a library.
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People who are in a fortunate position always attribute virtue to what makes them so happy.
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The line dividing the state from what is called private enterprise, orat least fromthehighlyorganized part of it, is a traditional fiction.
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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.
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The enemy of the conventional wisdom is not ideas but the march of events.
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Private enterprise did not get us atomic energy.
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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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Power is not something that can be assumed or discarded at will like underwear.
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What was needed was a policy that increased the supply of money available for use and then ensured its use. Then the state of trade would have to improve.
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One man's consumption becomes his neighbor's wish.
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In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally good or equally bad. It is the narrowest decisions that are most ardently debated.
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It was not hard to persuade people that the market was sound as always in such times they asked only that the dispiriting voices of doubt be muted and that there should be tolerably frequent expressions of confidence.
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War remains the decisive human failure.
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