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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.
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
Lines
Called
Dividing
State
Enterprise
Part
Traditional
States
Private
Line
Fiction
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More quotes by John Kenneth Galbraith
Conscience is better served by a myth.
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Faced with having to change our views or prove that there is no need to do so, most of us immediately get busy on the proof.
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I am for a close global association in trade and financial matters, rather than the opposite possibility of excessive nationalism, as manifested in the two world wars.
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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 inborn instability of capitalism has been part of the history of the system for several hundred years.
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There is something wonderful in seeing a wrong-headed majority assailed by truth.
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Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.
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In 1736, Franklin's Pennsylvania Gazette printed an apology for its irregular appearence because its printer was with the Press, labouring for the publick Good, to make Money more plentiful. The press was busy printing money.
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Things that come from the private sector are in abundant supply things that depend on the public sector are widely a problem. We're a world, as I said in The Affluent Society, of filthy streets and clean houses, poor schools and expensive television.
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No grant of feudal privilege has ever equaled, for effortless return, that of the grandparent who bought and endowed his descendants with a thousand shares of General Motors or General Electric.
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Franklin Delano Roosevelt and J.F Kennedy were Presidents in very different times.
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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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I never enjoyed writing a book more indeed, it is the only one I remember in no sense as a labor but as a joy.
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It takes some skill to spoil a breakfast - even the English can't do it.
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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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For the sake of The Progressive, I will say that [Robert] La Follette was relevant, but he was the last.
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The only function of economic forecasting is to make astrology look respectable.
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The modern corporation must manufacture not only goods but the desire for the goods it manufactures.
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In the early days of the crash it was widely believed that Jesse L. Livermore, a Bostonian with a large and unquestionably exaggerated reputation for bear operations, leading a syndicate that was driving the market down.
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