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

Quote by John Kenneth Galbraith

Topics: John Kenneth Galbraith Quotes

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...

In economics it is a far, far wiser thing to be right than to be...

In economics it is a far, far wiser thing to be right than to be...

The only function of economic forecasting is to make astrology look respectable.

The only function of economic forecasting is to make astrology look respectable.

There is certainly no absolute standard of beauty. That precisely is what makes its pursuit...

There is certainly no absolute standard of beauty. That precisely is what makes its pursuit...

We have escapist fiction, so why not escapist biography?

We have escapist fiction, so why not escapist biography?

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...

Total physical and mental inertia are highly agreeable, much more so than we allow ourselves...

Total physical and mental inertia are highly agreeable, much more so than we allow ourselves...

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.

One of the little-celebrated powers of Presidents (and other high government officials) is to listen...

One of the little-celebrated powers of Presidents (and other high government officials) is to listen...

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...

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

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

In economics, hope and faith coexist with great scientific pretension and also a deep desire...

In economics, hope and faith coexist with great scientific pretension and also a deep desire...

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 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.

There is something wonderful in seeing a wrong-headed majority assailed by truth.

There is something wonderful in seeing a wrong-headed majority assailed by truth.

We are becoming the servants in thought, as in action, of the machine we have...

We are becoming the servants in thought, as in action, of the machine we have...

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.

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...

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...