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
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.
In the conventional wisdom of conservatives, the modern search for security is regularly billed as the greatest single threat to economic progress.
I think without a doubt, that what is called "financial genius" is merely a rising market.
More die in the United States of too much food than of too little.
The process by which banks create money is so simple that the mind is repelled.
Money is a singular thing. It ranks with love as man's greatest source of joy. And with death as his greatest source of anxiety. Over all history it has oppressed nearly all people in one of two ways: either it has been abundant and very unreliable, or reliable and very scarce.
Things that come from the private sector are in abundant supply; things that depend on the public sector are widely a problem. We're a world, as I said in The Affluent Society, of filthy streets and clean houses, poor schools and expensive television.
Under capitalism, man exploits man. Under communism, it's just the opposite.
Economics is extremely useful as a form of employment for economists.
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.