Galbraith, John Kenneth -- A Life in Our Times, ch. 22 (1981)
Under capitalism, man exploits man. Under communism, it’s just the opposite. John Kenneth Galbraith (1908-2006) Canadian-American economist, diplomat, authorA Life in Our Times, ch. 22 (1981) Variant:...
View ArticleGalbraith, John Kenneth -- A Life in Our Times, ch. 11 (1981)
The experience of being disastrously wrong is salutary; no economist should be denied it, and not many are. John Kenneth Galbraith (1908-2006) Canadian-American economist, diplomat, authorA Life in Our...
View ArticleGalbraith, John Kenneth -- (Attributed, 1946)
Who’d have thought we were fighting this war against a bunch of jerks. John Kenneth Galbraith (1908-2006) Canadian-American economist, diplomat, author(Attributed, 1946) On seeing the line-up of Nazi...
View ArticleGalbraith, John Kenneth -- (Attributed)
We have two classes of forecasters: those who don’t know and those who know they don’t know. John Kenneth Galbraith (1908-2006) Canadian-American economist, diplomat, author(Attributed) Variants: There...
View ArticleGalbraith, John Kenneth -- (Attributed)
It is almost as important to know what is not serious as to know what is. John Kenneth Galbraith (1908-2006) Canadian-American economist, diplomat, author(Attributed)
View ArticleGalbraith, John Kenneth -- “Wealth and Poverty,” Speech, National Policy...
The modern conservative is not even especially modern. He is engaged, on the contrary, in one of man’s oldest, best financed, most applauded, and, on the whole, least successful exercises in moral...
View ArticleGalbraith, John Kenneth -- “The United States,” New York magazine (15 Nov 1971)
Among all the world’s races, some obscure Bedouin tribes possibly apart, Americans are the most prone to misinformation. This is not the consequence of any special preference for mendacity, although at...
View ArticleGalbraith, John Kenneth -- “The Big Defense Firms are Really Public Firms and...
There is something uniquely obscene about competition to promote weapons of mass destruction for the purposes of improving the stock market position of a corporation. John Kenneth Galbraith (1908-2006)...
View ArticleGalbraith, John Kenneth -- “The Ashes of Capitalism and the Ashes of...
A nuclear war does not defend a country and it does not defend a system. I’ve put it the same way many times; not even the most accomplished ideologue will be able to tell the difference between the...
View ArticleGalbraith, John Kenneth -- “The American Economy: Its Substance and Myth” (1949)
In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally good or equally bad. It is the narrowest decisions that are most...
View ArticleGalbraith, John Kenneth -- “The American Ambassador,” Foreign Service Journal...
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. John Kenneth...
View ArticleGalbraith, John Kenneth -- “Recession Economics,” New York Review of Books (4...
Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy — what an older and less elegant generation called the horse-and-sparrow...
View ArticleGalbraith, John Kenneth -- “H.L. Mencken,” The Washington Post (14 Sep 1980)
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...
View ArticleGalbraith, John Kenneth -- “Free Market Fraud”, The Progressive (Jan 1999)
Let’s begin with capitalism, a word that has gone largely out of fashion. The approved reference now is to the market system. This shift minimizes — indeed, deletes — the role of wealth in the economic...
View ArticleGalbraith, John Kenneth -- “Foreign Policy: The Plain Lessons of a Bad...
The tendency of bureaucracy [is] to find purpose in whatever it is doing. John Kenneth Galbraith (1908-2006) Canadian-American economist, diplomat, author“Foreign Policy: The Plain Lessons of a Bad...
View ArticleGalbraith, John Kenneth -- “Wealth and Poverty,” Speech, National Policy...
Public services have, to use the economist’s word, a strong redistributional effect. And this effect is strongly in favor of those with lower incomes. Those who clamor the loudest for public economy...
View ArticleGalbraith, John Kenneth -- “Wealth and Poverty,” Speech, National Policy...
Even the protective functions of the state are most important for those in the lower income brackets. Lethal serum and poison drugs do, one gathers, work rather democratically on rich and poor alike....
View ArticleGalbraith, John Kenneth -- “Wealth and Poverty,” speech, National Policy...
Despite considerable propaganda to the contrary, the greatest need of the moment is not a decision to be tender to the well-to-do. Their situation is not so desperate as popularly represented. Also one...
View Article(Attributed, 1946)
Who’d have thought we were fighting this war against a bunch of jerks. John Kenneth Galbraith (1908-2006) Canadian-American economist, diplomat, author(Attributed, 1946) On seeing the line-up of Nazi...
View Article
