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One man's consumption becomes his neighbor's wish.
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
Consumption
Neighbor
Becomes
Wish
Men
More quotes by John Kenneth Galbraith
Nothing so weakens government as persistent inflation.
John Kenneth Galbraith
When people are least sure, they are often most dogmatic.
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War remains the decisive human failure.
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The modern corporation must manufacture not only goods but the desire for the goods it manufactures.
John Kenneth Galbraith
I've become accustomed to supporting politicians who are more conservative than I am. This is not entirely a surprise.
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Power is not something that can be assumed or discarded at will like underwear.
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Educators have yet to realize how deeply the industrial system is dependent upon them.
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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
In the affluent society, no useful distinction can be made between luxuries and necessities.
John Kenneth Galbraith
I've been writing a book called The Economics of Innocent Fraud. I published part of it already in The Progressive (Free Market Fraud, January 1999). But I've been interrupted these last few months. It deals with all of the things we do, in an innocent way, to cover up the truth.
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Very important functions can be performed very wastefully and often are.
John Kenneth Galbraith
We all agree that pessimism is a mark of superior intellect.
John Kenneth Galbraith
This is a world inhabited not by people who have to be persuaded to believe but by people who want an excuse to believe.
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People of privilege will always risk their complete destruction rather than surrender any material part of their advantage.
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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.
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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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The inborn instability of capitalism has been part of the history of the system for several hundred years.
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The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.
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The sense of responsibility in the financial community for the community as a whole is not small. It is nearly nil.
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Inflation does not lubricate trade but by rescuing traders from their errors of optimism or stupidity.
John Kenneth Galbraith