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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
Economics
Subject
Prestigious
Labor
Caste
Fields
Castes
Subjects
Agricultural
Theory
Instruction
Study
Lower
Economic
Marketing
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Of late I have searched diligently to discover the advantages of age, and there is, I have concluded, only one. It is that lovely women treat your approaches with understanding rather than with disdain.
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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.
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Few economic problems, if any, are difficult of solution. The difficulty, all but invariably, is in confronting them. We know what needs to be done for reasons of inertia, pecuniary interest, passion or ignorance, we do not wish to say so.
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If all else fails immortality can always be assured by adequate error.
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In the assumption that power belongs as a matter of course to capital, all economists are Marxians.
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The greater the wealth the thicker will be the dirt.
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People who are in a fortunate position always attribute virtue to what makes them so happy.
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The privileged have regularly invited their own destruction with their greed.
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Because of his compassion Owen was always in trouble with his partners. They would have much preferred a tough, down-to-earth manager who would get a days work out of the little bastards.
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Economic stimulation that works through the increased outlays to the affluent has, inevitably, an aspect of soundness and sanity that is lacking in expenditure on behalf of the undeserving poor.
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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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Who is king in the world of the blind when there isn't even a one eyed man?
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There is something wonderful in seeing a wrong-headed majority assailed by truth.
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Nothing is so admirable in politics as a short memory.
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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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You roll back the stones, and you find slithering things. That is the world of Richard Nixon.
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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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Franklin Delano Roosevelt and J.F Kennedy were Presidents in very different times.
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