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
It's much easier to point out the problem than it is to say just how it should be solved.
It is a commonplace of modern technology that problems have solutions before there is knowledge of how they are to be solved.
No solution [to the problem of poverty] is so effective as providing income to the poor. Whether in the form of food, housing, health services, education or money, income is an excellent antidote for deprivation. No truth has spawned so much ingenious evasion.
The problem of the modern economy is not a failure of a knowledge of economics; it's a failure of a knowledge of history.
More die in the United States from too much food that from too little.
In the choice between changing ones mind and proving there's no need to do so, most people get busy on the proof.
If wrinkles must be written upon our brows, let them not be written upon the heart. The spirit should never grow old.
Politics is not the art of the possible. It consists in choosing between the disastrous and the unpalatable.
In the choice between changing one's mind and proving there's no need to do so, most people get busy on the proof.
A drastic reduction in weapons competition following a general release from the commitment to the Cold War would be sharply in conflict with the needs of the industrial system.
Very important functions can be performed very wastefully and often are.
Only in very recent times has the average man been a source of savings.
In the assumption that power belongs as a matter of course to capital, all economists are Marxians.
It is not the individual's right to buy that is being protected. Rather, it is the seller's right to manage the individual.