John Kenneth Galbraith Quotes

Under capitalism, man exploits man; while under socialism just the reverse is true.

Wisdom... is often an abstraction associated not with fact or reality but with the man who asserts it and the manner of its assertion.

Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.

Man, at least when educated, is a pessimist. He believes it safer not to reflect on his achievements; Jove is known to strike such people down.

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

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.

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... &
... Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative.
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One of my greatest pleasures in writing has come from the thought that perhaps my work might annoy someone of comfortably pretentious position. Then comes the saddening realization that such people rarely read.

I am worried about our tendency to over invest in things and under invest in people.