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Those days [of the Vietnam War] you couldn't get on a bus going to the South without expecting a riot over something or the other. All of that has disappeared thanks to Lyndon Johnson.
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
Going
Expecting
Something
Vietnam
Thanks
South
Couldn
Disappeared
Days
Riot
War
Johnson
Without
Bus
More quotes by John Kenneth Galbraith
Educators have yet to realize how deeply the industrial system is dependent upon them.
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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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No grant of feudal privilege has ever equaled, for effortless return, that of the grandparent who bought and endowed his descendants with a thousand shares of General Motors or General Electric.
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I accept the global complex and global trade more than do some of my liberal colleagues because I consider this a wise alternative to national tension and conflict.
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Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative.
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There is something wonderful in seeing a wrong-headed majority assailed by truth.
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However, it is safe to say that at the peak in 1929 the number of active speculators was less - and probably was much less - than a million.
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There are times in politics when you must be on the right side and lose.
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Very important functions can be performed very wastefully and often are.
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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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In any great organization it is far, far safer to be wrong with the majority than to be right alone.
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It would be foolish to suggest that government is a good custodian of aesthetic goals. But, there is no alternative to the state.
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It was Herbert Spencer, not Charles Darwin, who coined the phrase Survival of the Fittest.
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Economics exists to make astrology look respectable.
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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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Conscience is better served by a myth.
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Nothing is so admirable in politics as a short memory.
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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 wonder and a certain wicked pleasure in these giddy ascents and terrible falls, especially as they happen to other people.
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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.
John Kenneth Galbraith
