Quotation:
"In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability."
More quotes from: John Kenneth Galbraith
- "A bad book is the worse that it cannot repent. It has not been the ..."
- "A person buying ordinary products in a supermarket is in touch with his deepest emotions. "
- "All of the great leaders have had one characteristic in common: it was the willingness ..."
- "All successful revolutions are the kicking in of a rotten door. "
- "Anyone who says he won't resign four times, will. "
- "By all but the pathologically romantic, it is now recognized that this is not the ..."
- "Commencement oratory must eschew anything that smacks of partisan politics, political preference, sex, religion or ..."
- "Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is ..."
- "Economics is extremely useful as a form of employment for economists. "
- "Faced with the choice between changing one's mind and proving that there is no need ..."
- "Few people at the beginning of the nineteenth century needed an adman to tell them ..."
- "Humor is richly rewarding to the person who employs it. It has some value in ..."
- "If all else fails, immortality can always be assured by spectacular error. "
- "If wrinkles must be written upon our brows, let them not be written upon the ..."
- "In all life one should comfort the afflicted, but verily, also, one should afflict the ..."
- "In any great organization it is far, far safer to be wrong with the majority ..."
- "In economics, the majority is always wrong. "
- "In the choice between changing ones mind and proving there's no need to do so, ..."
- "It is a far, far better thing to have a firm anchor in nonsense than ..."
- "It is not necessary to advertise food to hungry people, fuel to cold people, or ..."
- "It would be foolish to suggest that government is a good custodian of aesthetic goals. ..."
- "Liberalism is, I think, resurgent. One reason is that more and more people are so ..."
- "Meetings are a great trap. Soon you find yourself trying to get agreement and then ..."
- "Meetings are indispensable when you don't want to do anything. "
- "Modesty is a vastly overrated virtue. "
- "Money differs from an automobile or mistress in being equally important to those who have ..."
- "Money is a singular thing. It ranks with love as man's greatest source of joy. ..."
- "More die in the United States of too much food than of too little. "
- "Much literary criticism comes from people for whom extreme specialization is a cover for either ..."
- "Nothing is so admirable in politics as a short memory. "
- "One of the greatest pieces of economic wisdom is to know what you do not ..."
- "One of the little-celebrated powers of Presidents (and other high government officials) is to listen ..."
- "People who are in a fortunate position always attribute virtue to what makes them so ..."
- "Politics is not the art of the possible. It consists in choosing between the disastrous ..."
- "Politics is the art of choosing between the disastrous and the unpalatable. "
- "Power is not something that can be assumed or discarded at will like underwear. "
- "Several times I concluded that there was too much detail; always I returned to continue ..."
- "Talk of revolution is one of avoiding reality. "
- "The commencement speech is not, I think, a wholly satisfactory manifestation of our culture. "
- "The conspicuously wealthy turn up urging the character building values of the privation of the ..."
- "The conventional view serves to protect us from the painful job of thinking. "
- "The enemy of the conventional wisdom is not ideas but the march of events. "
- "The great dialectic in our time is not, as anciently and by some still supposed, ..."
- "The man who is admired for the ingenuity of his larceny is almost always rediscovering ..."
- "The Metropolis should have been aborted long before it became New York, London or Tokyo. "
- "The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that ..."
- "The process by which banks create money is so simple that the mind is repelled. "
- "The salary of the chief executive of a large corporation is not a market award ..."
- "There are few ironclad rules of diplomacy but to one there is no exception. When ..."
- "There are times in politics when you must be on the right side and lose. "
- "There is certainly no absolute standard of beauty. That precisely is what makes its pursuit ..."
- "There is something wonderful in seeing a wrong-headed majority assailed by truth. "
- "There's a certain part of the contented majority who love anybody who is worth a ..."
- "Total physical and mental inertia are highly agreeable, much more so than we allow ourselves ..."
- "Under capitalism, man exploits man. Under communism, it's just the opposite. "
- "War remains the decisive human failure. "
- "We can safely abandon the doctrine of the eighties, namely that the rich were not ..."
- "We have escapist fiction, so why not escapist biography? "
- "Wealth is not without its advantages and the case to the contrary, although it has ..."
- "Wealth, in even the most improbable cases, manages to convey the aspect of intelligence. "
- "You will find that the State is the kind of organization which, though it does ..."


