Quotes by John Kenneth Galbraith

Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative.
– John Kenneth Galbraith
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.
– John Kenneth Galbraith
Modesty is a vastly overrated virtue.
– John Kenneth Galbraith
Money differs from an automobile or mistress in being equally important to those who have it and those who do not.
– John Kenneth Galbraith
Money is a singular thing. It ranks with love as man's greatest source of joy. And with death as his greatest source of anxiety. Over all history it has oppressed nearly all people in one of two ways: either it has been abundant and very unreliable, or reliable and very scarce.
– John Kenneth Galbraith
More die in the United States of too much food than of too little.
– John Kenneth Galbraith
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.
– John Kenneth Galbraith
Nothing is so admirable in politics as a short memory.
– John Kenneth Galbraith
One of the greatest pieces of economic wisdom is to know what you do not know.
– John Kenneth Galbraith
One of the little-celebrated powers of Presidents (and other high government officials) is to listen to their critics with just enough sympathy to ensure their silence.
– John Kenneth Galbraith
People who are in a fortunate position always attribute virtue to what makes them so happy.
– John Kenneth Galbraith
Politics is not the art of the possible. It consists in choosing between the disastrous and the unpalatable.
– John Kenneth Galbraith
Power is not something that can be assumed or discarded at will like underwear.
– John Kenneth Galbraith
Several times I concluded that there was too much detail; always I returned to continue and enjoy the book.
– John Kenneth Galbraith
Talk of revolution is one of avoiding reality.
– John Kenneth Galbraith
The conspicuously wealthy turn up urging the character building values of the privation of the poor.
– John Kenneth Galbraith
The conventional view serves to protect us from the painful job of thinking.
– John Kenneth Galbraith
The enemy of the conventional wisdom is not ideas but the march of events.
– John Kenneth Galbraith
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.
– John Kenneth Galbraith
The man who is admired for the ingenuity of his larceny is almost always rediscovering some earlier form of fraud. The basic forms are all known, have all been practiced. The manners of capitalism improve. The morals may not.
– John Kenneth Galbraith