John Kenneth Galbraith Quotes - Page 2

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• The contented and economically comfortable have a very discriminating view of government. Nobody is ever indignant about bailing out failed banks and failed savings and loans associations... But when taxes must be paid for the lower middle class and poor, the government assumes an aspect of wickedness.

  John Kenneth Galbraith

  Government, Views, Class

  The Guardian, May 23, 1992.

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• The huge capacity to purchase submission that goes with any large sum of money, well, this we have. This is a power of which we should all be aware.

  John Kenneth Galbraith

  Submission, Should, Capacity

  "Quest for Peace: an Introduction". Book by John Whiteley, 1986.

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• When people are least sure, they are often most dogmatic.

  John Kenneth Galbraith

  Acceptance, People, Rejection

  John Kenneth Galbraith (1997). “The Great Crash, 1929”, p.171, Houghton Mifflin Harcourt

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• 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

  Inspirational, Motivational, Leadership

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

  35 Copy quote

• The conspicuously wealthy turn up urging the character building values of the privation of the poor.

  John Kenneth Galbraith

  Character, Wealth, Building

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• I am worried about our tendency to over invest in things and under invest in people.

  John Kenneth Galbraith

  People, Worried, Tendencies

  4 Copy quote

• Nothing so denies a person liberty as the total absence of money.

  John Kenneth Galbraith

  Liberty, Absence, Deny

  Source: www.progressive.org

  7 Copy quote

• Were it part of our everyday education and comment that the corporation is an instrument for the exercise of power, that it belongs to the process by which we are governed, there would then be debate on how that power is used and how it might be made subordinate to the public will and need. This debate is avoided by propagating the myth that the power does not exist.

  John Kenneth Galbraith

  Exercise, Everyday, Doe

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• Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.

  John Kenneth Galbraith

  Wealth, Prosperity, Finance

  "The Sydney Morning Herald" Newspaper, May 22, 1982.

  9 Copy quote

• It is not necessary to advertise food to hungry people, fuel to cold people, or houses to the homeless.

  John Kenneth Galbraith

  Food, People, House

  John Kenneth Galbraith (1968). “American Capitalism: The Concept of Countervailing Power”, p.97, Transaction Publishers

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• Washington is a place where men praise courage and act on elaborate personal cost-benefit calculations.

  John Kenneth Galbraith

  Courage, Men, Cost

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• The stock market is but a mirror which provides an image of the underlying or fundamental economic situation. Cause and effect run from the economy to the stock market, never the reverse. In 1929 the economy was headed for trouble. Eventually that trouble was violently reflected in Wall Street.

  John Kenneth Galbraith

  Running, Wall, Mirrors

  John Kenneth Galbraith (2009). “The Great Crash 1929”, p.106, Houghton Mifflin Harcourt

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• It was Herbert Spencer, not Charles Darwin, who coined the phrase Survival of the Fittest.

  John Kenneth Galbraith

  Survival, Phrases, Survival Of The Fittest

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• The complaints of the privileged are too often confused with the voice of the masses.

  John Kenneth Galbraith

  Confused, Voice, Mass

  "In love with business" by George Monbiot, www.theguardian.com. May 14, 2001.

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• Talk of revolution is one of avoiding reality.

  John Kenneth Galbraith

  Reality, Revolution, Avoiding

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• I react pragmatically. Where the market works, I'm for that. Where the government is necessary, I'm for that. I'm deeply suspicious of somebody who says, 'I'm in favor of privatization,' or, 'I'm deeply in favor of public ownership.' I'm in favor of whatever works in the particular case.

  John Kenneth Galbraith

  Government, Political, Favors

  Interview with Brian Lamb, Booknotes C-SPAN, November 13, 1994.

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• One of my greatest pleasures in my writing has come from the thought that perhaps my work might annoy someone of comfortably pretentious position. Then comes the realization that such people rarely read.

  John Kenneth Galbraith

  Writing, People, Realization

  James K. Galbraith, Kari Levitt, Mel Watkins, John Kenneth Galbraith, Canadian Centre for Policy Alternatives (2009). “Unconventional wisdom: lectures from the John Kenneth Galbraith prize in economics”

  7 Copy quote

• Money is a singular thing. It ranks with love as man's greatest source of joy. And with death as his greatest source of anxiety. Over all history it has oppressed nearly all people in one of two ways: either it has been abundant and very unreliable, or reliable and very scarce.

  John Kenneth Galbraith

  Love, Money, Men

  "The Age of Uncertainty". Book by John Kenneth Galbraith. Chapter 6, p. 161, 1977.

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• 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

  Anchors, Sea, Investing

  Affluent Society (1958) ch. 11

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• When everything else failed, we can still become immortal by making an enormous blunder.

  John Kenneth Galbraith

  Death, Suicide, Enormous

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

  John Kenneth Galbraith

  Government, Home Economics, Employment

  "Biography/ Personal Quotes". www.imdb.com.

  59 Copy quote

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

  John Kenneth Galbraith

  Love, Political, Majority

  The Guardian, May 23, 1992.

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• It's great to be with William Buckley, because you don't have to think. He takes a position and you automatically take the opposite one and you know you're right.

  John Kenneth Galbraith

  Thinking, Opposites, Position

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• A wrong decision isn't forever; it can always be reversed. The losses from a delayed decision are forever; they can never be retrieved.

  John Kenneth Galbraith

  Loss, Decision, Forever

  John Kenneth Galbraith (1981). “A life in our times: memoirs”, Houghton Mifflin Harcourt

  28 Copy quote

• There is a common tendency to ignore the poor or to develop some rationalisation for the good fortune of the fortunate.

  John Kenneth Galbraith

  Poverty, Common, Poor

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