John Kenneth Galbraith Quotes - Page 6

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• Of all classes the rich are the most noticed and the least studied.

  John Kenneth Galbraith

  Class, Riches, Rich

  "The Age of Uncertainty". Book by John Kenneth Galbraith, 1977.

  6 Copy quote

• The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state.

  John Kenneth Galbraith

  Economic, Economy, States

  John Kenneth Galbraith (1987). “Economics in Perspective: A Critical History”, Houghton Mifflin Harcourt

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• I react to what is necessary. I would like to eschew any formula.

  John Kenneth Galbraith

  Formulas

  "A Journey Through Economic Time". "Booknotes" with Brian Lamb, www.c-span.org. September 23, 1994.

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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.

  John Kenneth Galbraith

  Fiction, Lines, States

  1967 The New Industrial State.

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• If people are hungry, ill-clad, unsheltered or diseased, nothing is so important as to remedy their condition.

  John Kenneth Galbraith

  People, Important, Hunger

  John Kenneth Galbraith (2007). “The New Industrial State”, p.496, Princeton University Press

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• The masters thought they were loved until one day one of their favorites farted loudly while serving dinner and the next day was gone. The very first manifestation of the classless society is the disappearance of the servant class.

  John Kenneth Galbraith

  Class, Next Day, One Day

  "The Age of Uncertainty". Book by John Kenneth Galbraith. Chapter 2, p. 60, 1977.

  56 Copy quote

• In the autumn of 1929 the mightiest of Americans were, for a brief time, revealed as human beings.

  John Kenneth Galbraith

  Time, Autumn, Humans

  JOHN KENNETH GALBRAITH (1962). “THE GREAT CRASH 1929”

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• Much of the world's work, it has been said, is done by men who do not feel quite well. Marx is a case in point.

  John Kenneth Galbraith

  Men, Done, World

  The Age of Uncertainty ch. 3 (1977)

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• According to the experience of all but the most accomplished jugglers, it is easier to keep one ball in the air than many.

  John Kenneth Galbraith

  Air, Public Opinion, Balls

  John Kenneth Galbraith (2015). “The New Industrial State”, p.493, Princeton University Press

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• Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.

  John Kenneth Galbraith

  Imperfect, Incompetence, Oligopoly

  John Kenneth Galbraith (2015). “The New Industrial State”, p.226, Princeton University Press

  91 Copy quote

• Third party politics, at least since La Follette, has always had an element of romance.

  John Kenneth Galbraith

  Party, Romance, Elements

  Source: www.progressive.org

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• Hermann Goering, Joachim von Ribbentrop, Albert Speer, Walther Frank, Julius Streicher and Robert Ley did pass under my inspectionand interrogation in 1945 but they only proved that National Socialism was a gangster interlude at a rather low order of mental capacity and with a surprisingly high incidence of alcoholism.

  John Kenneth Galbraith

  Order, Goering, Nazism

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• The individual serves the planning system not by supplying it with savings and the resulting capital; he serves it far more by consuming its products.

  John Kenneth Galbraith

  Saving, Individual, Consumerism

  "The New Industrial State".

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• Financial operations do not lend themselves to innovation. What is recurrently so described and celebrated is, without exception, a small variation on an established design . . . The world of finance hails the invention of the wheel over and over again, often in a slightly more unstable version.

  John Kenneth Galbraith

  Design, Innovation, Variation

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• Truth has anciently been called the first casualty of war. Money may, in fact, have priority.

  John Kenneth Galbraith

  War, Priorities, May

  John Kenneth Galbraith (2017). “Money: Whence It Came, Where It Went”, p.106, Princeton University Press

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• Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised.

  John Kenneth Galbraith

  Blessing, Boredom, Mind

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• Among all the world's races, some obscure Bedouin tribes possibly apart, Americans are the most prone to misinformation. This is not the consequence of any special preference for mendacity, although at the higher levels of their public administration that tendency is impressive. It is rather that so much of what they themselves believe is wrong.

  John Kenneth Galbraith

  Believe, Race, Special

  "The United States". The New York magazine article on November 15, 1971, reprinted in "A View from the Stands", 1986.

  21 Copy quote

• In economics it is a far, far wiser thing to be right than to be consistent

  John Kenneth Galbraith

  Economics, Consistent, Wiser

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• It is a commonplace of modern technology that problems have solutions before there is knowledge of how they are to be solved.

  John Kenneth Galbraith

  Technology, Problem, Modern

  John Kenneth Galbraith (2001). “The Essential Galbraith”, p.63, Houghton Mifflin Harcourt

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• Total physical and mental inertia are highly agreeable, much more so than we allow ourselves to imagine. A beach not only permits such inertia but enforces it, thus neatly eliminating all problems of guilt. It is now the only place in our overly active world that does.

  John Kenneth Galbraith

  Beach, Ocean, Vacation

  "The Beach Book". Book by Gloria Steinem, 1963.

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• Nothing so weakens government as persistent inflation.

  John Kenneth Galbraith

  Government, Economics, Inflation

  "The affluent society".

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• Those who yearn for the end of capitalism should pray for government by men who believe that all positive action is inimical to what they call thoughtfully the fundamental principles of free enterprise.

  John Kenneth Galbraith

  Believe, Men, Principles

  "Money: Whence It Came, Where It Went". Book by John Kenneth Galbraith. Chapter XXI, "Afterword," p. 312, 1975.

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• There can be few fields of human endeavor in which history counts for so little as in the world of finance.Past experience, to the extent that it is part of memory at all, is dismissed as the primitive refuge of the those who do not have insight to appreciate the incredible wonders of the present.

  John Kenneth Galbraith

  Memories, Past, Appreciate

  John Kenneth Galbraith (1994). “A Short History of Financial Euphoria”, p.17, Penguin

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• Ideas are inherently conservative. They yield not to the attack of other ideas but to the massive onslaught of circumstance with which they cannot contend.

  John Kenneth Galbraith

  Past, Yield, Ideas

  John Kenneth Galbraith (1998). “The Affluent Society”, p.17, Houghton Mifflin Harcourt

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• Had the Bible been in clear straightforward language, had the ambiguities and contradictions been edited out, and had the language been constantly modernised to accord with contemporary taste it would almost certainly have been, or become, a work of lesser influence.

  John Kenneth Galbraith

  Atheism, Taste, Language

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