458 Quotes by 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.

In a world where for pedagogic and other purposes a very large number of economists is required, an arrangement which discourages many of them from.

The happiest time of anyone’s life is just after the first divorce.

It’s much easier to point out the problem than it is to say just how it should be solved.

Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy – what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.

In economics it is a far, far wiser thing to be right than to be consistent.

It’s a rule worth having in mind. Income almost always flows along the same axis as power but in the opposite direction.

Money is a singular thing. It ranks with love as man’s greatest source of joy. And with death as his greatest source of anxiety. Over all history it has oppressed nearly all people in one of two ways: either it has been abundant and very unreliable, or reliable and very scarce.

Who is king in the world of the blind when there isn’t even a one eyed man?