John Kenneth Galbraith Quotes

Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention, but it has no persuasive value at all.

Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative.

Modesty is a vastly overrated virtue.

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.

In economics, the majority is always wrong.

The total alteration in underlying circumstances has not been squarely faced, As a result, we are guided, in part, by ideas that are relevant to another world. ... We do many things that are unnecessary, some that are unwise, and a few that are insane.

Meetings are indispensable when you don`t want to do anything.

The process by which banks create money is so simple that the mind is repelled.

Economics is extremely useful as a form of employment for economists.