John Kenneth Galbraith
John Kenneth Galbraith
John Kenneth "Ken" Galbraith, OCwas a Canadianeconomist, public official, and diplomat, and a leading proponent of 20th-century American liberalism. His books on economic topics were bestsellers from the 1950s through the 2000s, during which time Galbraith fulfilled the role of public intellectual. As an economist, he leaned toward Post-Keynesian economics from an institutionalist perspective...
NationalityAmerican
ProfessionEconomist
Date of Birth15 October 1908
CountryUnited States of America
Speeches in our culture are the vacuum that fills a vacuum.
Of all the mysteries of the stock exchange there is none so impenetrable as why there should be a buyer for everyone who seeks to sell.
Marx profoundly affected those who did not accept his system. His influence extended to those who least supposed they were subject to it.
It is in the long run that the corporation lives.
Ideas do not respect national frontiers, and this is especially so where language and other traditions are in common.
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.
Why is anything intrinsically so valueless so obviously desirable?
In dealing with Mr. Nixon, it is not easy to be unfair. He invites and justifies all available criticism.
With the American failure came world failure.
The myth that holds that the great corporation is the puppet of the market, the powerless servant of the consumer, is, in fact one of the devices by which its power is perpetuated.
There was something superficial in attributing anything so awful as the Great Depression to anything so insubstantial as speculation in common stocks.
The charge that an idea is radical, impractical, or long- haired is met by showing that a prominent businessman has favored it?an additional tactic in this strategy of defense?is to assert that Winston Churchill once sponsored the particular idea. If one is challenged, a sufficiently careful investigation will show that he did.
Few things are as immutable as the addiction of political groups to the ideas by whichthey have once won office.
Much discussion of money involves a heavy overlay of priestly incantation.