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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.
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
Economic
Marketing
Economics
Subject
Prestigious
Labor
Caste
Fields
Castes
Subjects
Agricultural
Theory
Instruction
Study
Lower
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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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Authorship of any sort is a fantastic indulgence of the ego.
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Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative.
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The privileged have regularly invited their own destruction with their greed.
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I do the best with what exists.
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In any great organization it is far, far safer to be wrong with the majority than to be right alone.
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I think the role of the Federal Reserve is enormously exaggerated.
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Originality is something that is easily exaggerated, especially by authors contemplating their own work.
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Nothing is more portable than rich people and their money
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Of all classes the rich are the most noticed and the least studied.
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Clearly the most unfortunate people are those who must do the same thing over and over again, every minute, or perhaps twenty to the minute. They deserve the shortest hours and the highest pay.
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The only function of economic forecasting is to make astrology look respectable.
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You will find that [the] State [Department] is the kind of organisation which, though it does big things badly, does small things badly too.
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Very important functions can be performed very wastefully and often are.
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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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