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" Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable must surely have beneficial economic effects. "
John Kenneth Galbraith
Suffering
Others
Believe
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" You will find that the State is the kind of organization which, though it does big things badly, does small things badly, too. "
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" Nothing is so admirable in politics as a short memory. "
John Kenneth Galbraith
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" A bad book is the worse that it cannot repent. It has not been the devil's policy to keep the masses of mankind in ignorance; but finding that they will read, he is doing all in his power to poison their books. "
John Kenneth Galbraith
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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. "
John Kenneth Galbraith
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" In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability. "
John Kenneth Galbraith
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" There is something wonderful in seeing a wrong-headed majority assailed by truth. "
John Kenneth Galbraith
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" 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. "
John Kenneth Galbraith
American
Say
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" In any great organization it is far, far safer to be wrong with the majority than to be right alone. "
John Kenneth Galbraith
Right
Wrong
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" In the choice between changing ones mind and proving there's no need to do so, most people get busy on the proof. "
John Kenneth Galbraith
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" The Metropolis should have been aborted long before it became New York, London or Tokyo. "
John Kenneth Galbraith
New York
New
Been
" People who are in a fortunate position always attribute virtue to what makes them so happy. "
John Kenneth Galbraith
Happy
People
Virtue
" There are times in politics when you must be on the right side and lose. "
John Kenneth Galbraith
Right
You
Lose
" We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much. "
John Kenneth Galbraith
Too
Money
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" 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. "
John Kenneth Galbraith
Everyone
Mind
Need
" Wealth, in even the most improbable cases, manages to convey the aspect of intelligence. "
John Kenneth Galbraith
Finance
Wealth
Most
" It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought. "
John Kenneth Galbraith
Anchor
Thought
Nonsense
" The process by which banks create money is so simple that the mind is repelled. "
John Kenneth Galbraith
Simple
Process
Money
" 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 Galbraith
Useful
Rules
Nothing
" 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
Laziness
People
Freedom
" Economics is extremely useful as a form of employment for economists. "
John Kenneth Galbraith
Employment
Economics
Economists
" 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. "
John Kenneth Galbraith
Others
Scholar
Meaning
" Under capitalism, man exploits man. Under communism, it's just the opposite. "
John Kenneth Galbraith
Man
Communism
Capitalism
" One of the greatest pieces of economic wisdom is to know what you do not know. "
John Kenneth Galbraith
You
Economic
Greatest
" Few people at the beginning of the nineteenth century needed an adman to tell them what they wanted. "
John Kenneth Galbraith
Wanted
Few
Beginning
" 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
Still
Our
Time
" The only function of economic forecasting is to make astrology look respectable. "
John Kenneth Galbraith
Astrology
Only
Make
" Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive. "
John Kenneth Galbraith
Wealth
Without
Been
" The conventional view serves to protect us from the painful job of thinking. "
John Kenneth Galbraith
Painful
View
Thinking
" In the United States, though power corrupts, the expectation of power paralyzes. "
John Kenneth Galbraith
Expectation
Power
Power Corrupts
" In economics, the majority is always wrong. "
John Kenneth Galbraith
Majority
Economics
Always