John Kenneth Galbraith

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Born Thursday 15 October 1908, died Saturday 29 April 2006

Occupation: Economist

Nationality: American

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It has been the acknowledged right of every Marxist scholar to read into Marx the particular meaning that he himself prefers and to treat all others with indignation.

Words: acknowledged, right, every, Marxist, scholar, read, Marx, particular, meaning, prefers, treat, all, indignation
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In the United States, though power corrupts, the expectation of power paralyzes.

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Of all classes the rich are the most noticed and the least studied.

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War remains the decisive human failure.

Words: war, remains, decisive, human, failure
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All successful revolutions are the kicking in of a rotten door.

Words: all, successful, revolutions, kicking, rotten, door
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Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.

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Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.

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

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People who are in a fortunate position always attribute virtue to what makes them so happy.

Words: people, fortunate, position, attribute, virtue, makes, happy
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Total physical and mental inertia are highly agreeable, much more so than we allow ourselves to imagine. A beach not only permits such inertia but enforces it, thus neatly eliminating all problems of guilt. It is now the only place in our overly active world that does.

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By all but the pathologically romantic, it is now recognized that this is not the age of the small man.

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Money differs from an automobile or mistress in being equally important to those who have it and those who do not.

Words: money, differs, automobile, mistress, being, equally, important
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There is something wonderful in seeing a wrong-headed majority assailed by truth.

Words: something, wonderful, seeing, wrongheaded, majority, assailed, truth
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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.

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It would be foolish to suggest that government is a good custodian of aesthetic goals. But, there is no alternative to the state.

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Meetings are a great trap. Soon you find yourself trying to get agreement and then the people who disagree come to think they have a right to be persuaded. However, they are indispensable when you don't want to do anything.

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The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state.

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

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The Metropolis should have been aborted long before it became New York, London or Tokyo.

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In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.

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