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The foresight of financial experts was, as so often, a poor guide to the future.
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
Guides
Financial
Poor
Future
Often
Foresight
Guide
Experts
More quotes by John Kenneth Galbraith
If people are hungry, ill-clad, unsheltered or diseased, nothing is so important as to remedy their condition.
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If all else fails immortality can always be assured by adequate error.
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Of all the mysteries of the stock exchange there is none so impenetrable as why there should be a buyer for everyone who seeks to sell.
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All crises have involved debt that, in one fashion or another, has become dangerously out of scale in relation to the underlying means of payment.
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Economics exists to make astrology look respectable.
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Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.
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Anyone who says he won't resign four times, will.
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The inborn instability of capitalism has been part of the history of the system for several hundred years.
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War remains the decisive human failure.
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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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A businessman who reads Business Week is lost to fame. One who reads Proust is marked for greatness.
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The notion that you would initiate a new product without preparing the way by persuasion and advertising and salesmanship is fantastic. It's an integral part of the system.
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American university presidents are a nervous breed I have never thought well of them as a class.
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The power of the corporate bureaucracy - the power of technostructure (a term that did not take off) - is something to which I still adhere.
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A [New Yorker ] is what it has always been. It combines those who pursue the truth with those who pursue the rewards of orthodoxy and those who pursue what is comfortable to the rich.
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Nothing so denies a person liberty as the total absence of money.
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There is little that can be said about most economic goods. A toothbrush does little but clean teeth. Aspirin does little but dull pain. Alcohol is important mostly for making people more or less drunk ... There being so little to be said, much is to be invented.
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There's a certain part of the contented majority who love anybody who is worth a billion dollars.
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The greater the wealth the thicker will be the dirt.
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Franklin Delano Roosevelt and J.F Kennedy were Presidents in very different times.
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