There are a significant number of learned men and women who hold that any successful effort to make ideas lively, intelligible and interesting is a manifestation of deficient scholarship. This is the fortress behind which the minimally coherent regularly find refuge.

— John Kenneth Galbraith

John Kenneth Galbraith Quotes

Banking may well be a career from which no man really recovers.

— John Kenneth Galbraith

Preservationists are the only people in the world who are invariably confirmed in their wisdom after the fact.

— John Kenneth Galbraith

When you see reference to a new paradigm you should always, under all circumstances, take cover.

— John Kenneth Galbraith

Agreeable as it is to know where one is proceeding, it is far more important to know where one has arrived.

— John Kenneth Galbraith

The overall effect of the rise of the industrial system is greatly to reduce the union as a social force. But it will not disappear or become entirely unimportant.

— John Kenneth Galbraith

But it can be laid down as a rule that those who speak most of liberty are least inclined to use it.

— John Kenneth Galbraith

There is wonder and a certain wicked pleasure in these giddy ascents and terrible falls, especially as they happen to other people.

— John Kenneth Galbraith

It’s a rule worth having in mind. Income almost always flows along the same axis as power but in the opposite direction.

— John Kenneth Galbraith

Conscience is better served by a myth.

— John Kenneth Galbraith

If inheritance qualifies one for office, intelligence cannot be a requirement.

— John Kenneth Galbraith

The present age of contentment will come to an end only when and if the adverse developments that it fosters challenge the sense of comfortable well-being.

— John Kenneth Galbraith

Any country that has Milton Friedman as an adviser has nothing to fear from a few million Arabs.

— John Kenneth Galbraith

I never enjoyed writing a book more; indeed, it is the only one I remember in no sense as a labor but as a joy.

— John Kenneth Galbraith

No one was responsible for the great Wall Street crash. No one engineered the speculation that preceded it. Both were the product of free choice and decision of hundreds of thousands of individuals.

— John Kenneth Galbraith

At best, in such depression times, monetary policy is a feeble reed on which to lean.

— John Kenneth Galbraith

In the affluent society, no useful distinction can be made between luxuries and necessities.

— John Kenneth Galbraith

Private enterprise did not get us atomic energy.

— John Kenneth Galbraith

Economic theory is the most prestigious subject of instruction and study. Agricultural economics, labor economics and marketing are lower caste fields of study.

— John Kenneth Galbraith

That one never need to look beyond the love of money for explanation of human behavior is one of the most jealously guarded simplification of our culture.

— John Kenneth Galbraith

A nuclear war does not defend a country and it does not defend a system. I’ve put it the same way many times; not even the most accomplished ideologue will be able to tell the difference between the ashes of capitalism and the ashes of communism.

— John Kenneth Galbraith
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