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" 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
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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. "
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" We have escapist fiction, so why not escapist biography? "
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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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" 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. "
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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. "
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Need
" Money differs from an automobile or mistress in being equally important to those who have it and those who do not. "
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" A person buying ordinary products in a supermarket is in touch with his deepest emotions. "
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" We all agree that pessimism is a mark of superior intellect. "
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" One of the greatest pieces of economic wisdom is to know what you do not know. "
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" 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. "
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Man
Moral
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" Politics is the art of choosing between the disastrous and the unpalatable. "
John Kenneth Galbraith
Choosing
Politics
Between
" 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
" The enemy of the conventional wisdom is not ideas but the march of events. "
John Kenneth Galbraith
March
Enemy
Wisdom
" There's a certain part of the contented majority who love anybody who is worth a billion dollars. "
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Who
Worth
Majority
" There are times in politics when you must be on the right side and lose. "
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Right
You
Lose
" 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
Minds
" The conspicuously wealthy turn up urging the character building values of the privation of the poor. "
John Kenneth Galbraith
Poor
Values
Turn
" It would be foolish to suggest that government is a good custodian of aesthetic goals. But, there is no alternative to the state. "
John Kenneth Galbraith
Aesthetic
Goals
Good
" 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
" In the United States, though power corrupts, the expectation of power paralyzes. "
John Kenneth Galbraith
Expectation
Power
Power Corrupts
" If all else fails, immortality can always be assured by spectacular error. "
John Kenneth Galbraith
Always
Error
Spectacular
" 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
" If wrinkles must be written upon our brows, let them not be written upon the heart. The spirit should never grow old. "
John Kenneth Galbraith
Spirit
Never
Grow
" 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
" Modesty is a vastly overrated virtue. "
John Kenneth Galbraith
Modesty
Virtue
Vastly
" In economics, the majority is always wrong. "
John Kenneth Galbraith
Majority
Economics
Always
" There is something wonderful in seeing a wrong-headed majority assailed by truth. "
John Kenneth Galbraith
Wonderful
Seeing
Truth
" By all but the pathologically romantic, it is now recognized that this is not the age of the small man. "
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Small
Man
Romantic
" The process by which banks create money is so simple that the mind is repelled. "
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Simple
Process
Money
" Few people at the beginning of the nineteenth century needed an adman to tell them what they wanted. "
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Wanted
Few
Beginning