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Quote by John Kenneth Galbraith

“I am for a close global association in trade and financial matters, rather than the opposite possibility of excessive nationalism, as manifested in the two world wars.”

Quote by John Kenneth Galbraith

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John Kenneth Galbraith

John Kenneth Galbraith was a renowned economist known for his research on economic cycles, market structures, and government policies. His works have had a profound impact on economic theory and policy practice. more

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“There's no question that in my lifetime, the contrast between what I called private affluence and public squalor has become very much greater.”

Greater Lifetime Contrast Affluence Squalor

Author:John Kenneth Galbraith

“Things that come from the private sector are in abundant supply; things that depend on the public sector are widely a problem. We're a world, as I said in The Affluent Society, of filthy streets and clean houses, poor schools and expensive television.”

World Said Problem School House Poor Streets Television Depends Clean Expensive Private Sector Filthy Affluent Public Sector Clean House

Author:John Kenneth Galbraith

“I've been a faithful reader of the great classical documents of economics, or tried to be. The first book in the field that I ever read was Principles of Economics by Alfred Marshall. I suppose subsequently I would have to pick out Keynes, Adam Smith, Marx.”

Firsts Book Principles Fields Reader Picks Economics Faithful Adam Documents Keynes

Author:John Kenneth Galbraith

“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.”

People Ifs Should Years Done Might Answers Knowing Assuming Lawyer Not Knowing Economist Great Depression Superb

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“From the spring of 1941, I controlled all prices in the United States. You could lower a price without my permission, but you couldn't raise a price without my permission or that of my staff.”

States United United States Spring Raises Controlled Permission Staff

Author:John Kenneth Galbraith

“We talk of the enormous virtues of work, but it turns out that that is mostly for the poor. If you're rich enough or if you're a college professor, the virtue lies in leisure and the use you make of your leisure time.”

Ifs Enough Use Lying Turns Poor Virtue Rich College Enormous Professors Leisure Leisure Time College Professors

Author:John Kenneth Galbraith

“I think without a doubt, that what is called "financial genius" is merely a rising market.”

Thinking Doubt Genius Financial Rising

Author:John Kenneth Galbraith

“I would put primary emphasis on a good standard of living equitably distributed. It can't be equal, but one that eliminates the terrible cruelty of poverty.”

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“Nothing so denies a person liberty as the total absence of money.”

Persons Liberty Deny Absence

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“My politics just kind of developed over time as a reaction.”

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