The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself.

Quote by John Kenneth Galbraith

Topics: John Kenneth Galbraith Quotes

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that...

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that...

Few things are more tempting to a writer than to repeat, admiringly, what he has...

Few things are more tempting to a writer than to repeat, admiringly, what he has...

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...

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...

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...

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.

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...

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 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...

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...

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

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

If all else fails, immortality can always be assured by spectacular error.

If all else fails, immortality can always be assured by spectacular error.

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...

Modesty is a vastly overrated virtue.

Modesty is a vastly overrated virtue.

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...

We all agree that pessimism is a mark of superior intellect.

We all agree that pessimism is a mark of superior intellect.

One can relish the varied idiocy of human action during a panic to the full,...

One can relish the varied idiocy of human action during a panic to the full,...

Pennies do not come from heaven. They have to be earned here on earth.

Pennies do not come from heaven. They have to be earned here on earth.

Money differs from an automobile or mistress in being equally important to those who have...

Money differs from an automobile or mistress in being equally important to those who have...