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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
Fields
Castes
Subjects
Agricultural
Theory
Instruction
Study
Lower
Economic
Marketing
Economics
Subject
Prestigious
Labor
Caste
More quotes by John Kenneth Galbraith
But it can be laid down as a rule that those who speak most of liberty are least inclined to use it.
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All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership.
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A more important antidote to American democracy is American gerontocracy. The positions of eminence and authority in Congress are allotted in accordance with length of service, regardless of quality.
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I do the best with what exists.
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It would be foolish to suggest that government is a good custodian of aesthetic goals. But, there is no alternative to the state.
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Private enterprise did not get us atomic energy.
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Happiness does not require an expanding economy
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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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It was Herbert Spencer, not Charles Darwin, who coined the phrase Survival of the Fittest.
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The family which takes it mauve and cerise, air conditioned, power-steered, and power braked automobile out for a tour passes through cities that are badly paved, made hideous by litter, blighted buildings, billboards, and posts for wires that should long since have been put underground.
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In the world of minor lunacy the behaviour of both the utterly rational and the totally insane seems equally odd.
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No one was responsible for the great Wall Street crash. No one engineered the speculation that preceded it. Both were the product of free choice and decision of hundreds of thousands of individuals.
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The foresight of financial experts was, as so often, a poor guide to the future.
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I've become accustomed to supporting politicians who are more conservative than I am. This is not entirely a surprise.
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A point must be repeated: only the pathological weakness of the financial memory...allows us to believe that the modern experience of....debt...is in any way a new phenomenon.
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Educators have yet to realize how deeply the industrial system is dependent upon them.
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There are days when the result is so bad that no fewer than five revisions are required. In contrast, when I'm greatly inspired, only four revisions are needed.
John Kenneth Galbraith
If you're rich you can buy books. If you're poor, you need a library.
John Kenneth Galbraith
The Senate has unlimited debate in the House, debate is ruthlessly circumscribed. There is frequent discussion as to which technique most effectively frustrates democratic process.
John Kenneth Galbraith
Why is anything intrinsically so valueless so obviously desirable?
John Kenneth Galbraith