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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
War
Johnson
Without
Bus
Going
Expecting
Something
Vietnam
Thanks
South
Couldn
Disappeared
Days
Riot
More quotes by John Kenneth Galbraith
Men are, in fact, either sustained by organization or they sustain organization.
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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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Of all the mysteries of the stock exchange there is none so impenetrable as why there should be a buyer for everyone who seeks to sell.
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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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But there is merit even in the mentally retarded legislator. He asks the questions that everyone is afraid to ask for fear of seeming simple.
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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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Only in very recent times has the average man been a source of savings.
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A point must be repeated: only the pathological weakness of the financial memory...allows us to believe that the modern experience of....debt...is in any way a new phenomenon.
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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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The only function of economic forecasting is to make astrology look respectable.
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No ethic is as ethical as the work ethic.
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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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A good rule of conversation is never answer a foolish question.
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All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership.
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I've been writing a book called The Economics of Innocent Fraud. I published part of it already in The Progressive (Free Market Fraud, January 1999). But I've been interrupted these last few months. It deals with all of the things we do, in an innocent way, to cover up the truth.
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Economists are generally negligent of their heroes.
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The more underdeveloped the country, the more overdeveloped the women.
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In economics it is a far, far wiser thing to be right than to be consistent
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