Home / Quotes / Quote by John Kenneth Galbraith

Quote by John Kenneth Galbraith

“A more important antidote to American democracy is American gerontocracy. The positions of eminence and authority in Congress are allotted in accordance with length of service, regardless of quality.”

Quote by John Kenneth Galbraith

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

You May Also Like

“All writers know that on some golden mornings they are touched by the wand; they are on intimate terms with poetry and cosmic truth. I have experienced these moments myself. Their lesson is simple: It's a total illusion. And the danger in the illusion is that you will wait for those moments.”

Knows Moments Waiting Term Simple Morning Danger Lessons Illusion Golden Intimate Touched Cosmic Wands

Author:John Kenneth Galbraith

“But now, as throughout history, financial capacity and political perspicacity are inversely correlated.”

Political Capacity Financial

Book:The great crash, 1929

Source: The great crash, 1929

“I predict, not because I know, but because I'm asked.”

Author:John Kenneth Galbraith

“I react to what is necessary. I would like to eschew any formula.”

Author:John Kenneth Galbraith

“In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally good or equally bad. It is the narrowest decisions that are most ardently debated.”

Choices Courses Decision Economic Policy Usual Economic Policy

Author:John Kenneth Galbraith

“It is possible that people need to believe they are unmanaged if they are to be managed effectively.”

People Ifs Needs Believe

Book:the new industrial state

Source: the new industrial state

“Superficial observers have long criticized the United States for making a fetish of youth. This is unfair. Uniquely among modern organs of public and private administration, its national legislature rewards senility.”

Long States United United States Modern Youth Rewards Administration Organs Unfair Superficial Observers Legislature Fetish Senility

Author:John Kenneth Galbraith

“The Senate has unlimited debate; in the House, debate is ruthlessly circumscribed. There is frequent discussion as to which technique most effectively frustrates democratic process.”

House Process Democratic Technique Debate Discussion Senate Unlimited Democratic Process

Author:John Kenneth Galbraith

“We shall have a race of men who are strong on telemetry and space communications but who cannot read anything but a blueprint or write anything but a computer program.”

Men Writing Strong Space Race Communication Computer Program Blueprints

Author:John Kenneth Galbraith

“The last thing a scientist would do is cling to a map because he inherited it from his grandfather, or because it was used by George Washington or Abraham Lincoln.”

Lasts Used Scientist Maps Grandfather Abraham

Book:LANGUAGE IN ACTION

Source: LANGUAGE IN ACTION