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A more important antidote to American democracy is American gerontocracy. The positions of eminence and authority in Congress are allotted in accordance with length of service, regardless of quality.
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
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Congress
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Accordance
Democracy
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Regardless
More quotes by John Kenneth Galbraith
The foresight of financial experts was, as so often, a poor guide to the future.
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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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It takes some skill to spoil a breakfast - even the English can't do it.
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We shall have a race of men who are strong on telemetry and space communications but who cannot read anything but a blueprint or write anything but a computer program.
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Economics exists to make astrology look respectable.
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I think the role of the Federal Reserve is enormously exaggerated.
John Kenneth Galbraith
Inventions that are not made, like babies that are not born, are rarely missed.
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In the affluent society, no useful distinction can be made between luxuries and necessities.
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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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Only men of considerable vanity write books consistently therewith, I worried lest the world were exchanging an irreplaceable author for a more easily purchased diplomat.
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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.
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There is something wonderful in seeing a wrong-headed majority assailed by truth.
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If it is dangerous to suppose that government is always right, it will sooner or later be awkward for public administration if most people suppose that it is always wrong.
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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.
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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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The more underdeveloped the country, the more overdeveloped the women.
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We now in the United States have more security guards for the rich than we have police services for the poor districts. If you're looking for personal security, far better to move to the suburbs than to pay taxes in New York.
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One of the little-celebrated powers of Presidents (and other high government officials) is to listen to their critics with just enough sympathy to ensure their silence.
John Kenneth Galbraith
But it can be laid down as a rule that those who speak most of liberty are least inclined to use it.
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