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Educators have yet to realize how deeply the industrial system is dependent upon them.
John Kenneth Galbraith -
There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.
John Kenneth Galbraith
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A person buying ordinary products in a supermarket is in touch with his deepest emotions.
John Kenneth Galbraith -
In fact, the wage-price spiral is the functional counterpart of unemployment. The latter occurs when there is insufficient demand; the spiral operates when there is too much and also,unfortunately, when there is just enough.
John Kenneth Galbraith -
Men have been swindled by other men on many occasions. The autumn of 1929 was, perhaps, the first occasion when men succeeded on a large scale in swindling themselves.
John Kenneth Galbraith -
Do not be alarmed by simplification, complexity is often a device for claiming sophistication, or for evading simple truths.
John Kenneth Galbraith -
There's a certain part of the contented majority who love anybody who is worth a billion dollars.
John Kenneth Galbraith -
In economics, the majority is always wrong.
John Kenneth Galbraith
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No one knew, but it cannot be stressed too frequently, that for effective incantation knowledge is neither necessary nor assumed.
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 -
One of the uses of depression is the exposure of what auditors fail to find.
John Kenneth Galbraith -
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 -
All, the intelligent and stupid, diligent and idle, have been swept along on a current of increased output that, in the usual case, owed nothing whatever to their efforts.
John Kenneth Galbraith -
But there is merit even in the mentally retarded legislator. He asks the questions that everyone is afraid to ask for fear of seeming simple.
John Kenneth Galbraith
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Conscience is better served by a myth.
John Kenneth Galbraith -
There is no name for all who participate in group decision-making or the organization which they form. I propose to call this organization the Technostructure.
John Kenneth Galbraith -
Increasingly in recent times we have come first to identify the remedy that is most agreeable, most convenient, most in accord with major pecuniary or political interest, the one that reflects our available faculty for action; then we move from the remedy so available or desired back to a cause to which that remedy is relevant.
John Kenneth Galbraith -
Even the word depression itself was the terminological product of an effort to soften the connotation of deep trouble. In the last century, the term crisis was normally employed. With time, however, this acquired the connotation of the misfortune it described.
John Kenneth Galbraith -
Truth has anciently been called the first casualty of war. Money may, in fact, have priority.
John Kenneth Galbraith -
The advisers and counselors were not, however, analyzing the danger or even the possibility. They were serving only as the custodians of bad memories.
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 -
The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.
John Kenneth Galbraith -
In accordance with an old but not outworn tradition, it might now be wise for all to conclude that crime, or even misbehavior, is the act of an individual, not the predisposition of a class.
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