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John Kenneth Galbraith Quotes

John Kenneth Galbraith quotes

American Economist October 15, 1908 – April 29, 2006

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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
John Kenneth Galbraith quote: "It is a far, far better thing to have a firm anchor in..."
It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought. John Kenneth Galbraith
John Kenneth Galbraith quote: "The sense of responsibility in the financial community for the..."
The sense of responsibility in the financial community for the community as a whole is not small. It is nearly nil. John Kenneth Galbraith
Wisdom... is often an abstraction associated not with fact or reality but with the man who asserts it and the manner of its assertion. John Kenneth Galbraith
John Kenneth Galbraith quote: "The enemy of the conventional wisdom is not ideas but the..."
The enemy of the conventional wisdom is not ideas but the march of events. John Kenneth Galbraith
John Kenneth Galbraith quote: "Money differs from an automobile or mistress in being equally..."
Money differs from an automobile or mistress in being equally important to those who have it and those who do not. John Kenneth Galbraith
Trickle-down theory - the less than elegant metaphor that if one feeds the horse enough oats, some will pass through to the road for the sparrows. John Kenneth Galbraith
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
John Kenneth Galbraith quote: "Power is not something that can be assumed or discarded at..."
Power is not something that can be assumed or discarded at will like underwear. John Kenneth Galbraith
John Kenneth Galbraith quote: "One of the greatest pieces of economic wisdom is to know what..."
One of the greatest pieces of economic wisdom is to know what you do not know. John Kenneth Galbraith
It has been the acknowledged right of every Marxist scholar to read into Marx the particular meaning that he himself prefers and to treat all others with indignation. John Kenneth Galbraith
John Kenneth Galbraith quote: "The commencement speech is not, I think, a wholly satisfactory..."
The commencement speech is not, I think, a wholly satisfactory manifestation of our culture. John Kenneth Galbraith
John Kenneth Galbraith quote: "The complaints of the privileged are too often confused with..."
The complaints of the privileged are too often confused with the voice of the masses. John Kenneth Galbraith
John Kenneth Galbraith quote: "Of all classes the rich are the most noticed and the least..."
Of all classes the rich are the most noticed and the least studied. John Kenneth Galbraith
John Kenneth Galbraith quote: "Wealth, in even the most improbable cases, manages to convey..."
Wealth, in even the most improbable cases, manages to convey the aspect of intelligence. John Kenneth Galbraith

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