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

Modesty is a vastly overrated virtue.

Modesty is a vastly overrated virtue.

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 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.

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...

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...

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...

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...

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, the majority is always wrong.

In economics, the majority is always wrong.

Under capitalism, man exploits man. Under communism, it's just the opposite.

Under capitalism, man exploits man. Under communism, it's just the opposite.

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.

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...

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...

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

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

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...

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,...

Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable...

Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable...

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...

You can't have everything. Where would you put it?

You can't have everything. Where would you put it?

I can't understand why people are frightened of new ideas. I'm frightened of the old...

I can't understand why people are frightened of new ideas. I'm frightened of the old...

No man can purchase his virtue too dear, for it is the only thing whose...

No man can purchase his virtue too dear, for it is the only thing whose...