Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable must surely have beneficial economic effects.

Quote by John Kenneth Galbraith

Topics: John Kenneth Galbraith Quotes

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.

Humor is richly rewarding to the person who employs it. It has some value in...

Humor is richly rewarding to the person who employs it. It has some value in...

If it is dangerous to suppose that government is always right, it will sooner or...

If it is dangerous to suppose that government is always right, it will sooner or...

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.

Inflation does not lubricate trade but by rescuing traders from their errors of optimism or...

Inflation does not lubricate trade but by rescuing traders from their errors of optimism or...

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...

If wrinkles must be written upon our brows, let them not be written upon the...

If wrinkles must be written upon our brows, let them not be written upon the...

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

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

Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is...

Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is...

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...

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

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

Modesty is a vastly overrated virtue.

Modesty is a vastly overrated virtue.

Modesty is a vastly overrated virtue.

Modesty is a vastly overrated virtue.

Nothing is so admirable in politics as a short memory.

Nothing is so admirable in politics as a short memory.

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...

Wealth is not without its advantages and the case to the contrary, although it has...

Wealth is not without its advantages and the case to the contrary, although it has...

Commencement oratory must eschew anything that smacks of partisan politics, political preference, sex, religion or...

Commencement oratory must eschew anything that smacks of partisan politics, political preference, sex, religion or...

Wisdom itself is often an abstraction associated not with fact or reality but with the...

Wisdom itself is often an abstraction associated not with fact or reality but with the...

To act with common sense according to the moment, is the best wisdom I know;...

To act with common sense according to the moment, is the best wisdom I know;...

Wisdom is found only in truth.

Wisdom is found only in truth.