John Kenneth Galbraith
John Kenneth Galbraith
John Kenneth "Ken" Galbraith, OCwas a Canadianeconomist, public official, and diplomat, and a leading proponent of 20th-century American liberalism. His books on economic topics were bestsellers from the 1950s through the 2000s, during which time Galbraith fulfilled the role of public intellectual. As an economist, he leaned toward Post-Keynesian economics from an institutionalist perspective...
NationalityAmerican
ProfessionEconomist
Date of Birth15 October 1908
CountryUnited States of America
John Kenneth Galbraith quotes about
In the choice between changing one's mind and proving there's no need to do so, most people get busy on the proof.
More die in the United States from too much food that from too little.
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.
Economics is extremely useful as a form of employment for economists.
Under capitalism, man exploits man. Under communism, it's just the opposite.
The process by which banks create money is so simple that the mind is repelled.
No solution [to the problem of poverty] is so effective as providing income to the poor. Whether in the form of food, housing, health services, education or money, income is an excellent antidote for deprivation. No truth has spawned so much ingenious evasion.
Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof.
The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself.
There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.
The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled. With something so important, a deeper mystery seems only decent.
The conventional view serves to protect us from the painful job of thinking.
The only function of economic forecasting is to make astrology look respectable.
Poverty" Pitt exclaimed "is no disgrace but it is damned annoying." In the contemporary United States it is not annoying but it is a disgrace.