John Kenneth Galbraith Quotes

The conventional view serves to protect us from the painful job of thinking.

There are few ironclad rules of diplomacy, but to one there is no exception. When an official reports that talks were useful, it can safely be concluded that nothing was accomplished.

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

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

In economics, the majority is always wrong.

The modern conservative is engaged in one of man’s oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.

In every man’s life, there lies latent energy. There is, however, a spark that, if kindled, is capable of releasing torrents of energy and transforming the ordinary human being into a force of great power.

Faced with the choice between changing one’s mind and proving that there is no need to do so, almost everyone gets busy on the proof.

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

The only function of economic forecasting is to make astrology look respectable.

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

The modern conservative is engaged in one of man’s oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.

There is nothing so admirable in politics as a short memory.

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

Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised.

There is something wonderful in seeing a wrong-headed majority assailed by truth. Looseness of statement is a constant danger, but there are occasions when it is most intelligent to be loose.

Humanity is a sorry spectacle, and the conventional media, in the main, does not help.

The process by which banks create money is so simple that the mind is repelled.

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

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

The great paradox of the 20th century is that, despite all the incredible progress in science, technology and industry, we’re still living in a world riven by divisions, inequalities and conflicts.

Change is not merely necessary to life – it is life.

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

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

In economics, the majority is always wrong.

Managers, regardless of temperament and disposition, sooner or later arrive at the conclusion that people must be directed.

I have long been struck by the degree of dissatisfaction and frustration that people experience in their daily lives.

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

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

The modern conservative is engaged in one of man’s oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.

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

Faced with the choice between changing one’s mind and proving that there is no need to do so, almost everyone gets busy on the proof.

The conventional view serves to protect us from the painful job of thinking.

There is nothing so admirable in politics as a short memory.

Effective action is always unjust.

In economics, the majority is always wrong.

The process by which banks create money is so simple that the mind is repelled.

Change is not merely necessary to life – it is life.

Humanity is a sorry spectacle, and the conventional media, in the main, does not help.

The great paradox of the 20th century is that, despite all the incredible progress in science, technology and industry, we’re still living in a world riven by divisions, inequalities and conflicts.

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

There are few ironclad rules of diplomacy, but to one there is no exception. When an official reports that talks were useful, it can safely be concluded that nothing was accomplished.

The only function of economic forecasting is to make astrology look respectable.

In every man’s life, there lies latent energy. There is, however, a spark that, if kindled, is capable of releasing torrents of energy and transforming the ordinary human being into a force of great power.

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

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