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.

Quote by John Kenneth Galbraith

Topics: John Kenneth Galbraith Quotes

In economics, the majority is always wrong.

In economics, the majority is always wrong.

There are times in politics when you must be on the right side and lose.

There are times in politics when you must be on the right side and lose.

We have escapist fiction, so why not escapist biography?

We have escapist fiction, so why not escapist biography?

Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.

Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.

The conspicuously wealthy turn up urging the character building values of the privation of the...

The conspicuously wealthy turn up urging the character building values of the privation of the...

Power is not something that can be assumed or discarded at will like underwear.

Power is not something that can be assumed or discarded at will like underwear.

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...

What is called a high standard of living consists, in considerable measure, in arrangements for...

What is called a high standard of living consists, in considerable measure, in arrangements for...

A person buying ordinary products in a supermarket is in touch with his deepest emotions.

A person buying ordinary products in a supermarket is in touch with his deepest emotions.

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...

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...

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...

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

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

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...

Modesty is a vastly overrated virtue.

Modesty is a vastly overrated virtue.

You will find that the State is the kind of organization which, though it does...

You will find that the State is the kind of organization which, though it does...

By all but the pathologically romantic, it is now recognized that this is not the...

By all but the pathologically romantic, it is now recognized that this is not the...

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 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...

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...