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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
Anything
Patriotism
Southwestern
Month
Differential
Brought
Ontario
Dollars
Withstand
Months
Canadian
Taught
Detroit
Went
Wage
Five
Dollar
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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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I never enjoyed writing a book more indeed, it is the only one I remember in no sense as a labor but as a joy.
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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.
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In any great organization it is far, far safer to be wrong with the majority than to be right alone.
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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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If people are hungry, ill-clad, unsheltered or diseased, nothing is so important as to remedy their condition.
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Even the word depression itself was the terminological product of an effort to soften the connotation of deep trouble. In the last century, the term crisis was normally employed. With time, however, this acquired the connotation of the misfortune it described.
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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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