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John Kenneth Galbraith Quotes


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John Kenneth Galbraith
October 15, 1908 - April 29, 2006
Nationality: American
Category: Economist
Subcategory: American Economist

More die in the United States of too much food than of too little.

   

The Metropolis should have been aborted long before it became New York, London or Tokyo.

   

Economics is extremely useful as a form of employment for economists.

   

Power is not something that can be assumed or discarded at will like underwear.

   

Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative.

   

In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.

   

All successful revolutions are the kicking in of a rotten door.

   

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

   

People who are in a fortunate position always attribute virtue to what makes them so happy.

   

Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.

   

We all agree that pessimism is a mark of superior intellect.

   

The conventional view serves to protect us from the painful job of thinking.

   

It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought.

   

There's a certain part of the contented majority who love anybody who is worth a billion dollars.

   

Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable must surely have beneficial economic effects.

   

A person buying ordinary products in a supermarket is in touch with his deepest emotions.

   

Meetings are a great trap. Soon you find yourself trying to get agreement and then the people who disagree come to think they have a right to be persuaded. However, they are indispensable when you don't want to do anything.

   

Nothing is so admirable in politics as a short memory.

   

Modesty is a vastly overrated virtue.

   

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.

   

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