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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. "

John Kenneth Galbraith

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" In economics, the majority is always wrong. "

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" The Metropolis should have been aborted long before it became New York, London or Tokyo. "

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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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" It would be foolish to suggest that government is a good custodian of aesthetic goals. But, there is no alternative to the state. "

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" In any great organization it is far, far safer to be wrong with the majority than to be right alone. "

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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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" 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. "

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" 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. "

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" Nothing is so admirable in politics as a short memory. "

John Kenneth Galbraith

" Under capitalism, man exploits man. Under communism, it's just the opposite. "

John Kenneth Galbraith

" In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability. "

John Kenneth Galbraith

" 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. "

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" 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

" The conventional view serves to protect us from the painful job of thinking. "

John Kenneth Galbraith

" 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

" The process by which banks create money is so simple that the mind is repelled. "

John Kenneth Galbraith

" There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting. "

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" Total physical and mental inertia are highly agreeable, much more so than we allow ourselves to imagine. A beach not only permits such inertia but enforces it, thus neatly eliminating all problems of guilt. It is now the only place in our overly active world that does. "

John Kenneth Galbraith

" People who are in a fortunate position always attribute virtue to what makes them so happy. "

John Kenneth Galbraith

" Modesty is a vastly overrated virtue. "

John Kenneth Galbraith

" The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself. "

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" Of all classes the rich are the most noticed and the least studied. "

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" Power is not something that can be assumed or discarded at will like underwear. "

John Kenneth Galbraith

" The commencement speech is not, I think, a wholly satisfactory manifestation of our culture. "

John Kenneth Galbraith

" All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership. "

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

" There are times in politics when you must be on the right side and lose. "

John Kenneth Galbraith

" The conspicuously wealthy turn up urging the character building values of the privation of the poor. "

John Kenneth Galbraith

" A person buying ordinary products in a supermarket is in touch with his deepest emotions. "

John Kenneth Galbraith