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John Galbraith Quotes


37 John Galbraith quotes:



"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"
Author: Galbraith Quotes Category: Action Quotes
"Several times I concluded that there was too much detail; always I returned to continue and enjoy the book."
"In all life one should comfort the afflicted, but verily, also, one should afflict the comfortable, and especially when they are comfortably, contentedly, even happily wrong."
Author: Galbraith Quotes Category: Comfort Quotes Complacency Quotes
"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."
Author: Galbraith Quotes Category: Critics And Criticism Quotes Literary Criticism Quotes
"It is not necessary to advertise food to hungry people, fuel to cold people, or houses to the homeless."
"Economics is extremely useful as a form of employment for economists."
"A person buying ordinary products in a supermarket is in touch with his deepest emotions."
Author: Galbraith Quotes Category: Emotions Quotes
"An important antidote to American democracy is American gerontocracy. The positions of eminence and authority in Congress are allotted in accordance with length of service, regardless of quality. Superficial observers have long criticized the United States for making a fetish of youth. This is unfair. Uniquely among modern organs of public and private administration, its national legislature rewards senility."
"The enemy of the conventional wisdom is not ideas but the march of events."
Author: Galbraith Quotes Category: Events Quotes
"Among all the world's races, some obscure Bedouin tribes possibly apart, Americans are the most prone to misinformation. This is not the consequence of any special preference for mendacity, although at the higher levels of their public administration that tendency is impressive. It is rather that so much of what they themselves believe is wrong."
"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."
"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."
"We now in the United States have more security guards for the rich than we have police services for the poor districts. If you're looking for personal security, far better to move to the suburbs than to pay taxes in New York."
Author: Galbraith Quotes Category: Police Quotes
"Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable must surely have beneficial economic effects."
Author: Galbraith Quotes Category: Suffering Quotes Recession Quotes
"Of all classes the rich are the most noticed and the least studied."
Author: Galbraith Quotes Category: Riches Quotes
"One of the greatest pieces of economic wisdom is to know what you do not know."
Author: Galbraith Quotes Category: Wisdom Quotes
"A bad book is the worse that it cannot repent. It has not been the devil's policy to keep the masses of mankind in ignorance; but finding that they will read, he is doing all in his power to poison their books."
"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."
"We have escapist fiction, so why not escapist biography?"
"The total alteration in underlying circumstances has not been squarely faced, As a result, we are guided, in part, by ideas that are relevant to another world. ... We do many things that are unnecessary, some that are unwise, and a few that are insane."



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