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

—John Kenneth Galbraith

About John Kenneth Galbraith

Portrait of John Kenneth Galbraith

John Kenneth Galbraith (October 15, 1908 – April 29, 2006), also known as J. K. Galbraith or Ken Galbraith, was a Canadian-American economist, diplomat, public official, and intellectual. His books on economic topics were bestsellers from the 1950s through the 2000s. As an economist, he leaned toward post-Keynesian economics from...

More quotations from John Kenneth Galbraith

Under capitalism, man exploits man. Under communism, it's just the opposite.

—John Kenneth Galbraith

The only function of economic forecasting is to make astrology look respectable.

—John Kenneth Galbraith

What is called a high standard of living consists in considerable measure of arrangements for avoiding muscular energy, increasing sensual pleasure, and enhancing caloric intake beyond any conceivable nutritional requirement. Nonetheless, the belief that increased production is a worthy social goal is very nearly absolute.

—John Kenneth Galbraith

Nothing is so admirable in politics as a short memory.

—John Kenneth Galbraith

politics memory forgiveness

I am not quite sure what the advantage is in having a few more dollars to spend if the air is too dirty to breathe, the water is too polluted to drink, the commuters are losing out in the struggle to get in and out of the city, the streets are filthy, the schools are so bad that the young perhaps wisely stay away, and the hoodlums roll citizens for some of the dollars they saved in the tax cut.

—John Kenneth Galbraith

money environmentalism water air city streets schools

More quotations tagged with “economics”

There can be no real individual freedom in the presence of economic insecurity.

—Chester Bowles

Acts of sacrifice and decency without regard to what's in it for you create ripple effects. Ones that lift up families and communities, that spread opportunity and boost our economy.

—Barack Obama

About the time we think we can make ends meet, somebody moves the ends.

—Herbert Hoover

economics budgeting

If all economists were laid end to end, they would not reach a conclusion.

—George Bernard Shaw

economics economists conclusions results

Every time a man expects, as he says, his money to work for him, he is expecting other people to work for him.

—Dorothy L. Sayers

expectations labor money economics banking

History

11 Jul 2015 Added