Economics Quote by John Kenneth Galbraith

“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.” quote by John Kenneth Galbraith — Download Open image

“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.”

John Kenneth Galbraith

★ ★ ★ ★ ★ 4.1 out of 5 (4 ratings)

Economics Evident Ifs Imperfect Levels Low level Lows Manage Management Money Mystery Particular People Profession Protected Subjects Talent Tasks

More by John Kenneth Galbraith

Getting on the cover of TIME guarantees the existence of opposition in the future.

John Kenneth Galbraith

Image

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

John Kenneth Galbraith

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

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

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

Image

Agriculture is one economic activity that does not obey the laws of demand and supply.

John Kenneth Galbraith

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

Image

Washington is a place where men praise courage and act on elaborate personal cost-benefit calculations.

John Kenneth Galbraith

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 for war. During the Depression very modest outlays for the unemployed seemed socially debilitating, economically unsound. Now expenditures many times greater for weapons and soldiers were perfectly safe. It's a difference that still persists.

John Kenneth Galbraith

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

Image

While it will be desirable to achieve planned results, it will be even more important to avoid unplanned disasters.

John Kenneth Galbraith

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

Image

Explore all 434 John Kenneth Galbraith quotes

More Economics quotes

Don't let's lose sight of what creates wealth. It is open markets, it is capitalism.

Rupert Murdoch

Image

Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.

Alan Greenspan

Image

Advances in technology will continue to reach far into every sector of our economy. Future job and economic growth in industry, defense, transportation, agriculture,…

Christopher Bond

Image

Our engagement through international economics, trade, these trade agreements, is vital and is linked to our national security. This is a lesson we learned from the '30s, it is a lesson we learned post-World War II, and it plays to our strengths.

Charles Boustany

“The free-market economy and globalisation process have brought about, in the late twentieth and early twenty-first century, a sharp and sudden rise in the standard of living and level of awareness of life’s pleasures and luxuries available to the educated and new middle classes, in all countries liberated from the “intelligent design” of totalitarian or semi-totalitarian governments that purported to…

Yaakov Malkin

“Everything economic science posits as given, that is, the range of dispositions of the economic agent which ground the illusion of the ahistorical universality of the categories and concepts employed by that science, is, in fact, the paradoxical product of a long collective history, endlessly reproduced in individual histories, which can be fully accounted for only by historical analysis: it…

Pierre Bourdieu

Politics is about power. It is about the power of the state. It is about the power of the state as applied to individuals,…

Kevin Rudd

Image

Having an economy that works for the 99% is achievable.

Winnie Byanyima

Image

“a select group of high-performing companies have managed to close the strategy-to-performance gap through better planning and execution. These companies—Barclays, Cisco Systems, Dow Chemical,…

Michael C. Mankins

Image

The system of private property is the most important guaranty of freedom, not only for those who own property, but scarcely less for those…

Friedrich August von Hayek

Image

The politician attempts to remedy the evil by increasing the very thing that caused the evil in the first place: legal plunder.

Frederic Bastiat

Image

“Economists have a singular method of procedure. There are only two kinds of institutions for them, artificial and natural. The institutions of feudalism are artificial institutions, those of the bourgeoisie are natural institutions. In this, they resemble the theologians, who likewise establish two kinds of religion. Every religion which is not theirs is an invention of men, while their own…

Karl Marx

Browse all 7,657 Economics quotes

Economics Quote by John Kenneth Galbraith

Related quotes

More by John Kenneth Galbraith

More Economics quotes