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 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.

It is a commonplace of modern technology that problems have solutions before there is knowledge...

It is a commonplace of modern technology that problems have solutions before there is knowledge...

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 process by which banks create money is so simple that the mind is repelled.

The process by which banks create money is so simple that the mind is repelled.

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

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

Meetings are a great trap. Soon you find yourself trying to get agreement and then...

Meetings are a great trap. Soon you find yourself trying to get agreement and then...

Faced with the choice between changing one's mind and proving that there is no need...

Faced with the choice between changing one's mind and proving that there is no need...

Meetings are indispensable when you don't want to do anything.

Meetings are indispensable when you don't want to do anything.

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...

The enemy of the conventional wisdom is not ideas but the march of events.

The enemy of the conventional wisdom is not ideas but the march of events.

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...

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...

In the choice between changing ones mind and proving there's no need to do so,...

In the choice between changing ones mind and proving there's no need to do so,...

Of all classes the rich are the most noticed and the least studied.

Of all classes the rich are the most noticed and the least studied.

Modesty is a vastly overrated virtue.

Modesty is a vastly overrated virtue.

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

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

It is not necessary to advertise food to hungry people, fuel to cold people, or...

It is not necessary to advertise food to hungry people, fuel to cold people, or...

War remains the decisive human failure.

War remains the decisive human failure.

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

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

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...