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The present age of contentment will come to an end only when and if the adverse developments that it fosters challenge the sense of comfortable well-being
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
Present
Challenges
Fosters
Age
Developments
Sense
Adverse
Ends
Contentment
Challenge
Wells
Comfortable
Come
Development
Well
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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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According to the experience of all but the most accomplished jugglers, it is easier to keep one ball in the air than many.
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A drastic reduction in weapons competition following a general release from the commitment to the Cold War would be sharply in conflict with the needs of the industrial system.
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To add to the technostructure is to increase its power in the enterprise.
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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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Originality is something that is easily exaggerated, especially by authors contemplating their own work.
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There is something wonderful in seeing a wrong-headed majority assailed by truth.
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Only men of considerable vanity write books consistently therewith, I worried lest the world were exchanging an irreplaceable author for a more easily purchased diplomat.
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Any country that has Milton Friedman as an adviser has nothing to fear from a few million Arabs.
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Happiness does not require an expanding economy
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I react to what is necessary. I would like to eschew any formula.
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Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof.
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Increasingly in recent times we have come first to identify the remedy that is most agreeable, most convenient, most in accord with major pecuniary or political interest, the one that reflects our available faculty for action then we move from the remedy so available or desired back to a cause to which that remedy is relevant.
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Only in very recent times has the average man been a source of savings.
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[Franklin Delano] Roosevelt was the central world figure in the two great disasters of this century - the Great Depression and World War II. By contrast, JFK came in relatively peaceful, agreeable times.
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It was Herbert Spencer, not Charles Darwin, who coined the phrase Survival of the Fittest.
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If you get a reputation for being honest, you have 95 percent of the competition already beat.
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It takes some skill to spoil a breakfast - even the English can't do it.
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Economic theory is the most prestigious subject of instruction and study. Agricultural economics, labor economics and marketing are lower caste fields of study.
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