The contented and economically comfortable have a very discriminating view of government. Nobody is ever indignant about bailing out failed banks and failed savings and loans associations. But when taxes must be paid for the lower middle class and poor,…

Quote by John Kenneth Galbraith

Topics: Government Quotes

Modesty is a vastly overrated virtue.

Modesty is a vastly overrated virtue.

Much literary criticism comes from people for whom extreme specialization is a cover for either...

Much literary criticism comes from people for whom extreme specialization is a cover for either...

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.

Few people at the beginning of the nineteenth century needed an adman to tell them...

Few people at the beginning of the nineteenth century needed an adman to tell them...

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...

Few people at the beginning of the nineteenth century needed an adman to tell them...

Few people at the beginning of the nineteenth century needed an adman to tell them...

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...

The great dialectic in our time is not, as anciently and by some still supposed,...

The great dialectic in our time is not, as anciently and by some still supposed,...

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...

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...

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...

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...

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...

In central banking as in diplomacy, style, conservative tailoring, and an easy association with the...

In central banking as in diplomacy, style, conservative tailoring, and an easy association with the...

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...

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...

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

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

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...

Bread is the king of the table and all else is merely the court that...

Bread is the king of the table and all else is merely the court that...

Food is to eat, not to frame and hang on the wall.

Food is to eat, not to frame and hang on the wall.