Quote

Genius is a rising stock market.

John Kenneth Galbraith

Change background

T
T
T

Change font

TAGS & TOPICS

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
Investing
Rising
Market
Genius
Stock

More quotes by John Kenneth Galbraith

Image
People who are in a fortunate position always attribute virtue to what makes them so happy.
John Kenneth Galbraith
Image
The size of General Motors is in the service not of monopoly or the economies of scale but of planning.
John Kenneth Galbraith
Image
Men will look back in amusement at the pretence that once caused people to refer to General Dynamics and North American Aviation and AT&T as private business.
John Kenneth Galbraith
Image
I've long believed alas, that in highly organized industrial societies, capitalist or socialist, the stronger tendency is to converge - that if steel or automobiles are wanted and must be made on a large scale, the process will stamp its imprint on the society, whether that me be Magnitogorsk or Gary, Indiana.
John Kenneth Galbraith
Image
We live surrounded by a systematic appeal to a dream world which all mature, scientific reality would reject. We, quite literally, advertise our commitment to immaturity, mendacity and profound gullibility. It is as the hallmark of the culture. And it is justified as being economically indispensable.
John Kenneth Galbraith
Image
Economics exists to make astrology look respectable.
John Kenneth Galbraith
Image
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.
John Kenneth Galbraith
Image
When people are least sure, they are often most dogmatic.
John Kenneth Galbraith
Image
It would be foolish to suggest that government is a good custodian of aesthetic goals. But, there is no alternative to the state.
John Kenneth Galbraith
Image
American university presidents are a nervous breed I have never thought well of them as a class.
John Kenneth Galbraith
Image
There are a significant number of learned men and women who hold that any successful effort to make ideas lively, intelligible and interesting is a manifestation of deficient scholarship. This is the fortress behind which the minimally coherent regularly find refuge.
John Kenneth Galbraith
Image
If you feed enough oats to the horse, some will pass through to feed the sparrows (referring to trickle down economics).
John Kenneth Galbraith
Image
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.
John Kenneth Galbraith
Image
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.
John Kenneth Galbraith
Image
At best, in such depression times, monetary policy is a feeble reed on which to lean.
John Kenneth Galbraith
Image
Talk of revolution is one of avoiding reality.
John Kenneth Galbraith
Image
Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.
John Kenneth Galbraith
Image
The foresight of financial experts was, as so often, a poor guide to the future.
John Kenneth Galbraith
Image
There is wonder and a certain wicked pleasure in these giddy ascents and terrible falls, especially as they happen to other people.
John Kenneth Galbraith
Image
Both we and the Soviets face the common threat of nuclear destruction and there is no likelihood that either capitalism or communism will survive a nuclear war.
John Kenneth Galbraith