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We talk of the enormous virtues of work, but it turns out that that is mostly for the poor. If you're rich enough or if you're a college professor, the virtue lies in leisure and the use you make of your leisure time.
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
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University Teacher
John K. Galbraith
Poor
Enormous
Use
Lies
Enough
College
Work
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Professor
Make
Rich
Professors
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Lying
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More quotes by John Kenneth Galbraith
I am for a close global association in trade and financial matters, rather than the opposite possibility of excessive nationalism, as manifested in the two world wars.
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Ideas do not respect national frontiers, and this is especially so where language and other traditions are in common.
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Inflation does not lubricate trade but by rescuing traders from their errors of optimism or stupidity.
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Nothing so denies a person liberty as the total absence of money.
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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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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.
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You roll back the stones, and you find slithering things. That is the world of Richard Nixon.
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In the United States all business not transacted over the telephone is accomplished in conjunction with alcohol or food, often under conditions of advanced intoxication. This is a fact of the utmost importance for the visitor of limited funds... for it means that the most expensive restaurants are, with rare exceptions, the worst.
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Any country that has Milton Friedman as an adviser has nothing to fear from a few million Arabs.
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Originality is something that is easily exaggerated, especially by authors contemplating their own work.
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All crises have involved debt that, in one fashion or another, has become dangerously out of scale in relation to the underlying means of payment.
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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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A [New Yorker ] is what it has always been. It combines those who pursue the truth with those who pursue the rewards of orthodoxy and those who pursue what is comfortable to the rich.
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Very important functions can be performed very wastefully and often are.
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The urge to consume is fathered by the value system which emphasizes the ability of the society to produce.
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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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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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There's no question that in my lifetime, the contrast between what I called private affluence and public squalor has become very much greater.
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Why is anything intrinsically so valueless so obviously desirable?
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Nothing so weakens government as persistent inflation.
John Kenneth Galbraith
