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I was brought up in southwestern Ontario where we were taught that Canadian patriotism should not withstand anything more than a five-dollar-a-month wage differential. Anything more than that and you went to Detroit.
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
Brought
Ontario
Dollars
Withstand
Months
Canadian
Taught
Detroit
Went
Wage
Five
Dollar
Anything
Patriotism
Southwestern
Month
Differential
More quotes by John Kenneth Galbraith
If people are hungry, ill-clad, unsheltered or diseased, nothing is so important as to remedy their condition.
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In the affluent society, no useful distinction can be made between luxuries and necessities.
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The myth that holds that the great corporation is the puppet of the market, the powerless servant of the consumer, is, in fact one of the devices by which its power is perpetuated.
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Economists are economical, among other things, of ideas most make those of their graduate days do for a lifetime.
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A wrong decision isn't forever it can always be reversed. The losses from a delayed decision are forever they can never be retrieved.
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Ralph [ Nader] is an old friend of mine, and he does a useful job in displaying a position.
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The experience of being disastrously wrong is salutary, no economist should be denied it, and not many are.
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If all else fails immortality can always be assured by adequate error.
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In 1736, Franklin's Pennsylvania Gazette printed an apology for its irregular appearence because its printer was with the Press, labouring for the publick Good, to make Money more plentiful. The press was busy printing money.
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The greater the wealth the thicker will be the dirt.
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Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.
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Economists, on the whole, think well of what they do themselves and much less well of what their professional colleagues do.
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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.
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All successful revolutions are the kicking in of a rotten door. The violence of revolutions is the violence of men who charge into a vacuum.
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People who are in a fortunate position always attribute virtue to what makes them so happy.
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It is my guiding confession that I believe the greatest error in economics is in seeing the economy as a stable, immutable structure.
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For the sake of The Progressive, I will say that [Robert] La Follette was relevant, but he was the last.
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Decision has greater virtue and force if taken after there has been eloquent dissent.
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Unemployment is rarely considered desirable except by those who have not experienced it.
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There is little that can be said about most economic goods. A toothbrush does little but clean teeth. Aspirin does little but dull pain. Alcohol is important mostly for making people more or less drunk ... There being so little to be said, much is to be invented.
John Kenneth Galbraith
