But now, as throughout history, financial capacity and political perspicacity are inversely correlated. — John Kenneth Galbraith Copy Share Image
Of all classes the rich are the most noticed and the least studied. — John Kenneth Galbraith Copy Share Image
The process by which banks create money is so simple that the mind is repelled. — John Kenneth Galbraith Copy Share Image
The conspicuously wealthy turn up urging the character building values of the privation of the poor. — John Kenneth Galbraith Copy Share Image
The foresight of financial experts was, as so often, a poor guide to the future. — John Kenneth Galbraith Copy Share Image
I think without a doubt, that what is called "financial genius" is merely a rising market. — John Kenneth Galbraith Copy Share Image
Nothing so denies a person liberty as the total absence of money. — John Kenneth Galbraith Copy Share Image
Truth has anciently been called the first casualty of war. Money may, in fact, have priority. — John Kenneth Galbraith Copy Share Image
I am for a close global association in trade and financial matters, rather than the opposite possibility of excessive nationalism, as manifested… — John Kenneth Galbraith Copy Share Image
The huge capacity to purchase submission that goes with any large sum of money, well, this we have. This is a power… — John Kenneth Galbraith Copy Share Image
Money differs from an automobile or mistress in being equally important to those who have it and those who do not. — John Kenneth Galbraith Copy Share Image
We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money,… — John Kenneth Galbraith Copy Share Image
The world of finance hails the invention of the wheel over and over again, often in a slightly more unstable version. — John Kenneth Galbraith Copy Share Image
What was needed was a policy that increased the supply of money available for use and then ensured its use. Then the… — John Kenneth Galbraith Copy Share Image
One can relish the varied idiocy of human action during a panic to the full, for, while it is a time of… — John Kenneth Galbraith Copy Share Image
That one never need to look beyond the love of money for explanation of human behavior is one of the most jealously… — John Kenneth Galbraith Copy Share Image
The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to… — John Kenneth Galbraith Copy Share Image
If anything is evident about people who manage money, it is that the task attracts a very low level of talent, one… — John Kenneth Galbraith Copy Share Image
In 1736, Franklin's Pennsylvania Gazette printed an apology for its irregular appearence because its printer was "with the Press, labouring for the… — John Kenneth Galbraith Copy Share Image
The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to… — John Kenneth Galbraith Copy Share Image
No solution [to the problem of poverty] is so effective as providing income to the poor. Whether in the form of food,… — John Kenneth Galbraith Copy Share Image
Money is what fueled the industrial society. But in the informational society, the fuel, the power, is knowledge. One has now come… — John Kenneth Galbraith Copy Share Image
Money is a singular thing. It ranks with love as man's greatest source of joy. And with death as his greatest source… — John Kenneth Galbraith Copy Share Image
In numerous years following the war, the Federal Government ran a heavy surplus. It could not (however) pay off its debt, retire… — John Kenneth Galbraith Copy Share Image
Then came the second Amsterdam discovery, although the principle was known elsewhere. Bank deposits...did not need to be left idly in the… — John Kenneth Galbraith Copy Share Image
“The oldest problem in economic education is how to exclude the incompetent. A certain glib mastery of verbiage-the ability to speak portentously… — John Kenneth Galbraith Copy Share Image
More investment trusts securities were offered in September of 1929 even than in August - the total was above $600 million. However,… — John Kenneth Galbraith Copy Share Image
Financial capacity and political perspicacity are inversely correlated. Long-run salvation by men of business has never been highly regarded if it means… — John Kenneth Galbraith Copy Share Image
Let’s begin with capitalism, a word that has gone largely out of fashion. The approved reference now is to the market system.… — John Kenneth Galbraith Copy Share Image
“In many ways the effect of the crash on embezzlement was more significant than on suicide. To the economist embezzlement is the… — John Kenneth Galbraith Copy Share Image
Much discussion of money involves a heavy overlay of priestly incantation. — John Kenneth Galbraith Copy Share Image
“The process by which money is created is so simple that the mind is repelled.” — John Kenneth Galbraith Copy Share Image
The sense of responsibility in the financial community for the community as a whole is not small. It is nearly nil. — John Kenneth Galbraith Copy Share Image
The ideas by which people . . . interpret their existence and in measure guide their behavior, were not forged in a world of wealth. — John Kenneth Galbraith Copy Share Image
A point must be repeated: only the pathological weakness of the financial memory...allows us to believe that the modern experience of…debt...is in… — John Kenneth Galbraith Copy Share Image
“Nothing in modern attitudes is believed more to signify exceptional intelligence than association with large pools of money. Only immediate experience with… — John Kenneth Galbraith Copy Share Image
Financial operations do not lend themselves to innovation. What is recurrently so described and celebrated is, without exception, a small variation on… — John Kenneth Galbraith Copy Share Image
The attraction of power we take for granted in politics.. But in economics...the thrust...is for pecuniary return, for money. And I have… — John Kenneth Galbraith Copy Share Image
Getting on the cover of TIME guarantees the existence of opposition in the future. — John Kenneth Galbraith Copy Share Image
Technology means the systematic application of scientific or other organized knowledge to practical tasks. — John Kenneth Galbraith Copy Share Image
“Men can labor to make sense out of single steps toward the goal without ever pausing to reflect that the goal itself is ludicrous.” — John Kenneth Galbraith Copy Share Image
Consumer wants can have bizarre, frivolous, or even immoral origins, and an admirable case can still be made for a society that seeks to… — John Kenneth Galbraith Copy Share Image
That one never need to look beyond the love of money for explanation of human behavior is one of the most jealously guarded simplification… — John Kenneth Galbraith Copy Share Image
Agriculture is one economic activity that does not obey the laws of demand and supply. — John Kenneth Galbraith Copy Share Image
If we were not in Vietnam, all that part of the world would be enjoying the obscurity it so richly deserves. — John Kenneth Galbraith Copy Share Image
Washington is a place where men praise courage and act on elaborate personal cost-benefit calculations. — John Kenneth Galbraith Copy Share Image
World War II revealed two of the enduring features of the Keynesian Revolution. One was the moral difference between spending for welfare and spending… — John Kenneth Galbraith Copy Share Image
Money is what fueled the industrial society. But in the informational society, the fuel, the power, is knowledge. One has now come to see… — John Kenneth Galbraith Copy Share Image
While it will be desirable to achieve planned results, it will be even more important to avoid unplanned disasters. — John Kenneth Galbraith Copy Share Image
A bad book is the worse that it cannot repent. It has not been the devil's policy to keep the masses of mankind in… — John Kenneth Galbraith Copy Share Image
![“No solution [to the problem of poverty] is so effective as providing income to the poor. Whether in the form of food, housing, health services, education or money, income is an excellent antidote for deprivation. No truth has spawned so much ingenious evasion.” quote by John Kenneth Galbraith](https://sms4smile.com/quotes/img-quotes/dfb/john-kenneth-galbraith-643_antidote_no-solution-to-the-problem-of-poverty-is_2941126.jpg)
