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List of John Kenneth Galbraith Quotes
Explore our hand-picked selection of
397
inspiring quotes by
John Kenneth Galbraith
.
About John Kenneth Galbraith
Born: October 15, 1908
Died: April 29, 2006
Occupation: Economist
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The years of the great depression were a superb time for economists because people not knowing what could be done or what should be done would always assume that maybe an economist had the answer. if you were just a lawyer in washington, you were nobody. but if you were an economist, you might have the answer.
There is an enormous thrust in our time to have a simple answer. and that simple answer is that all depends on alan greenspan and the federal reserve. and alan, who is an old acquaintance of mine, is a marvelous performer in the impression he gives of enormously great perception.
I talked about the consolidation of power in the hands of the corporate bureaucracy, as distinct from the stockholders. to this view, i still strongly adhere.
The power of the corporate bureaucracy - the power of technostructure (a term that did not take off) - is something to which i still adhere.
We're all subject to the daily pressures of consumer persuasion.
I accept the global complex and global trade more than do some of my liberal colleagues because i consider this a wise alternative to national tension and conflict.
Ralph [ nader] is an old friend of mine, and he does a useful job in displaying a position.
A very complicated mass of things influences the economy - the speculative effect, government policy, consumer borrowing and spending, the level of technical innovation (which i concede, although everyone emphasizes it too much), and much more - including, of course, the rate of inflation.
[franklin delano] roosevelt was the central world figure in the two great disasters of this century - the great depression and world war ii. by contrast, jfk came in relatively peaceful, agreeable times.
I'm certainly going to support al gore because, on the whole, he's the more sensible figure and you vote not for the perfect but for the best. coupled with that is a special situation.
I've become accustomed to supporting politicians who are more conservative than i am. this is not entirely a surprise.
I've been a faithful reader of the great classical documents of economics, or tried to be.
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