Quote

Conscience is better served by a myth.

John Kenneth Galbraith

Change background

T
T
T

Change font

TAGS & TOPICS

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
Served
Myth
Conscience
Better

More quotes by John Kenneth Galbraith

Image
Agriculture is one economic activity that does not obey the laws of demand and supply.
John Kenneth Galbraith
Image
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.
John Kenneth Galbraith
Image
To see economic policy as a problem of choice between rival ideologies is the greatest error of our time.
John Kenneth Galbraith
Image
More die in the United States of too much food than of too little.
John Kenneth Galbraith
Image
To add to the technostructure is to increase its power in the enterprise.
John Kenneth Galbraith
Image
The seminar in economic theory conducted by Hayek at the L.S.E. in the 1930s was attended, it came to seem, by all of the economists of my generation - Nicky Kaldor , Thomas Balogh, L. K. Jah, Paul Rosenstein-Rodan, the list could be indefinitely extended. The urge to participate (and correct Hayek) was ruthlessly competitive.
John Kenneth Galbraith
Image
The modern corporation must manufacture not only goods but the desire for the goods it manufactures.
John Kenneth Galbraith
Image
One man's consumption becomes his neighbor's wish.
John Kenneth Galbraith
Image
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.
John Kenneth Galbraith
Image
In fact, the wage-price spiral is the functional counterpart of unemployment. The latter occurs when there is insufficient demand the spiral operates when there is too much and also,unfortunately, when there is just enough.
John Kenneth Galbraith
Image
Decision has greater virtue and force if taken after there has been eloquent dissent.
John Kenneth Galbraith
Image
Superficial observers have long criticized the United States for making a fetish of youth. This is unfair. Uniquely among modern organs of public and private administration, its national legislature rewards senility.
John Kenneth Galbraith
Image
The power of the corporate bureaucracy - the power of technostructure (a term that did not take off) - is something to which I still adhere.
John Kenneth Galbraith
Image
The privileged have regularly invited their own destruction with their greed.
John Kenneth Galbraith
Image
If it is dangerous to suppose that government is always right, it will sooner or later be awkward for public administration if most people suppose that it is always wrong.
John Kenneth Galbraith
Image
The only function of economic forecasting is to make astrology look respectable.
John Kenneth Galbraith
Image
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.
John Kenneth Galbraith
Image
In all life one should comfort the afflicted, but verily, also, one should afflict the comfortable, and especially when they are comfortably, contentedly, even happily wrong.
John Kenneth Galbraith
Image
I've become accustomed to supporting politicians who are more conservative than I am. This is not entirely a surprise.
John Kenneth Galbraith
Image
Ideas do not respect national frontiers, and this is especially so where language and other traditions are in common.
John Kenneth Galbraith