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

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

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

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

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

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...

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...

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...

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...

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...

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...

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...

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...

A bad book is the worse that it cannot repent. It has not been the...

A bad book is the worse that it cannot repent. It has not been the...

The enemy of the conventional wisdom is not ideas but the march of events.

The enemy of the conventional wisdom is not ideas but the march of events.

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.

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...

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...

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...

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...

Politics is not the art of the possible. It consists in choosing between the disastrous...

Politics is not the art of the possible. It consists in choosing between the disastrous...

I'm not an old, experienced hand at politics. But I am now seasoned enough to...

I'm not an old, experienced hand at politics. But I am now seasoned enough to...

Fashion is born by small facts, trends, or even politics, never by trying to make...

Fashion is born by small facts, trends, or even politics, never by trying to make...