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Letter "J" » John Kenneth Galbraith Quotes


«It is not necessary to advertise food to hungry people, fuel to cold people, or houses to the homeless.»
«The process by which banks create money is so simple that the mind is repelled.»
«There are few ironclad rules of diplomacy but to one there is no exception. When an official reports that talks were useful, it can safely be concluded that nothing was accomplished.»
«When people put their ballots in the boxes, they are, by that act, inoculated against the feeling that the government is not theirs. They then accept, in some measure, that its errors are their errors, its aberrations their aberrations, that any revolt will be against them. It's a remarkably shrewd and rather conservative arrangement when one thinks of it.»
«The man who is admired for the ingenuity of his larceny is almost always rediscovering some earlier form of fraud. The basic forms are all known, have all been practiced. The manners of capitalism improve. The morals may not.»
«In economics it is a far, far wiser thing to be right than to be consistent»
Author: John Kenneth Galbraith | About: Economics | Keywords: consistent, economics
«We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much.»
«Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative.»
«One can relish the varied idiocy of human action during a panic to the full, for, while it is a time of great tragedy, nothing is being lost but money»
«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.»

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