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.

Quote by John Kenneth Galbraith

Topics: John Kenneth Galbraith Quotes

Money differs from an automobile or mistress in being equally important to those who have...

Money differs from an automobile or mistress in being equally important to those who have...

More die in the United States of too much food than of too little.

More die in the United States of too much food than of too little.

Where humor is concerned there are no standards - no one can say what is...

Where humor is concerned there are no standards - no one can say what is...

In the United States, though power corrupts, the expectation of power paralyzes.

In the United States, though power corrupts, the expectation of power paralyzes.

There is an insistent tendency among serious social scientists to think of any institution which...

There is an insistent tendency among serious social scientists to think of any institution which...

Liberalism is, I think, resurgent. One reason is that more and more people are so...

Liberalism is, I think, resurgent. One reason is that more and more people are so...

The Metropolis should have been aborted long before it became New York, London or Tokyo.

The Metropolis should have been aborted long before it became New York, London or Tokyo.

Nothing is so admirable in politics as a short memory.

Nothing is so admirable in politics as a short memory.

The total alteration in underlying circumstances has not been squarely faced, As a result, we...

The total alteration in underlying circumstances has not been squarely faced, As a result, we...

Modesty is a vastly overrated virtue.

Modesty is a vastly overrated virtue.

It has been the acknowledged right of every Marxist scholar to read into Marx the...

It has been the acknowledged right of every Marxist scholar to read into Marx the...

All successful revolutions are the kicking in of a rotten door.

All successful revolutions are the kicking in of a rotten door.

The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.

The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.

There are few ironclad rules of diplomacy but to one there is no exception. When...

There are few ironclad rules of diplomacy but to one there is no exception. When...

There are few ironclad rules of diplomacy but to one there is no exception. When...

There are few ironclad rules of diplomacy but to one there is no exception. When...

The salary of the chief executive of a large corporation is not a market award...

The salary of the chief executive of a large corporation is not a market award...

Politics is the art of choosing between the disastrous and the unpalatable.

Politics is the art of choosing between the disastrous and the unpalatable.

In any great organization it is far, far safer to be wrong with the majority...

In any great organization it is far, far safer to be wrong with the majority...

People who are in a fortunate position always attribute virtue to what makes them so...

People who are in a fortunate position always attribute virtue to what makes them so...

It is a far, far better thing to have a firm anchor in nonsense than...

It is a far, far better thing to have a firm anchor in nonsense than...