Wednesday, November 16, 2011

John Kenneth Galbraith Quotes

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

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.
John Kenneth Galbraith

Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention, but it has no persuasive value at all.
John Kenneth Galbraith


If wrinkles must be written upon our brows, let them not be written upon the heart. The spirit should never grow old.
John Kenneth Galbraith



In any great organization it is far, far safer to be wrong with the majority than to be right alone.
John Kenneth Galbraith



In economics, the majority is always wrong.
John Kenneth Galbraith



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


Meetings are indispensable when you don't want to do anything.

John Kenneth Galbraith


Modesty is a vastly overrated virtue. 


Money differs from an automobile or mistress in being equally important to those who have it and those who do not.
John Kenneth Galbraith

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

Much literary criticism comes from people for whom extreme specialization is a cover for either grave cerebral inadequacy or terminal laziness, the latter being a much cherished aspect of academic freedom.
John Kenneth Galbraith

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

One of the greatest pieces of economic wisdom is to know what you do not know.
John Kenneth Galbraith

Politics is not the art of the possible. It consists in choosing between the disastrous and the unpalatable.
John Kenneth Galbraith



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

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.
John Kenneth Galbraith

The process by which banks create money is so simple that the mind is repelled.

There are times in politics when you must be on the right side and lose.
John Kenneth Galbraith


There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.
John Kenneth Galbraith


Under capitalism, man exploits man. Under communism, it's just the opposite.
John Kenneth Galbraith


War remains the decisive human failure.

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


You will find that the State is the kind of organization which, though it does big things badly, does small things badly, too.
John Kenneth Galbraith



John Kenneth Galbraith was America's most famous economist for good reason. A witty commentator on America's political follies and a versatile author of bestselling books that warn prophetically of the dangers of deregulated markets, corporate greed, and inattention to the costs of our military power (among them The Great Crash: 1929, The Affluent Society,and The New Industrial State), Galbraith always made economics relevant to the crises of the day