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Quote by John Kenneth Galbraith

“Technology means the systematic application of scientific or other organized knowledge to practical tasks.”

Quote by John Kenneth Galbraith

Book:the new industrial state

Work

the new industrial state

A comprehensive analysis of the evolution of industrial sectors and the economic changes they bring, focusing on the impact of technological advancements and policy decisions. more

Author

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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“If anything is evident about people who manage money, it is that the task attracts a very low level of talent, one that is protected in its highly imperfect profession by the mystery that is thought to enfold the subject of economics in general and of money in particular.”

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“Nostalgia combines regularly with manifest respectability to give credence to old error as opposed to new truth.”

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“The traveler to the United States will do wellto prepare himself for the class-consciousness of the natives. This differs from the already familiar English version in being more extreme and based more firmly on the conviction that the class to which the speaker belongs is inherently superior to all others.”

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“Hermann Goering, Joachim von Ribbentrop, Albert Speer, Walther Frank, Julius Streicher and Robert Ley did pass under my inspectionand interrogation in 1945 but they only proved that National Socialism was a gangster interlude at a rather low order of mental capacity and with a surprisingly high incidence of alcoholism.”

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“How anybody dresses is indicative of his self-concept. If students are dirty and ragged, it indicates they are not interested in tidying up their intellects either.”

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“Ruling is hard. This was maybe my answer to Tolkien, whom, as much as I admire him, I do quibble with. Lord of the Rings had a very medieval philosophy: that if the king was a good man, the land would prosper. We look at real history and it's not that simple... Real-life kings had real-life problems to deal with... My people who are trying to rule don't have an easy time of it. Just having good intentions doesn't make you a wise king.”

“Our minds thus grow in spots; and like grease spots, the spots spread. But we let them spread as little as possible: we keep unaltered as much of our old knowledge, as many of our old prejudices and beliefs, as we can.”

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