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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
One can relish the varied idiocy of human action during a panic to the full, for, while it is a time of great tragedy, nothing is being lost but money.
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Technology means the systematic application of scientific or other organized knowledge to practical tasks.
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Emancipation of belief is the most formidable of the tasks of reform and the one on which all else depends.
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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.
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In recent times no problem has been more puzzling to thoughtful people than why, in a troubled world, we make such poor use of our affluence.
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Private enterprise did not get us atomic energy.
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Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention, but it has no persuasive value at all.
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The only function of economic forecasting is to make astrology look respectable.
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It takes some skill to spoil a breakfast - even the English can't do it.
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The size of General Motors is in the service not of monopoly or the economies of scale but of planning.
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In the affluent society, no useful distinction can be made between luxuries and necessities.
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Preservationists are the only people in the world who are invariably confirmed in their wisdom after the fact.
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The more underdeveloped the country, the more overdeveloped the women.
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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.
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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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Consumer wants can have bizarre, frivolous, or even immoral origins, and an admirable case can still be made for a society that seeks to satisfy them. But the case cannot stand if it is the process of satisfying wants that create the wants.
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No solution [to the problem of poverty] is so effective as providing income to the poor. Whether in the form of food, housing, health services, education or money, income is an excellent antidote for deprivation. No truth has spawned so much ingenious evasion.
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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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Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.
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The line dividing the state from what is called private enterprise, orat least fromthehighlyorganized part of it, is a traditional fiction.
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