John Kenneth Galbraith
John Kenneth Galbraith was born on October 15, 1908, in Iona Station, a small rural community in Ontario, Canada. He carried both Canadian and American citizenship through his life, a dual identity that suited a career spent moving between academic institutions, government offices, and diplomatic posts. Writing in English throughout, he worked as an economist associated with institutional and Keynesian economics, and he eventually established himself as a university teacher alongside his public roles.
His career arc took him into government during World War II, when he served as deputy director of the Office of Price Administration, giving him direct experience of economic policy under wartime conditions. He went on to work as a diplomat and served as an ambassador, and he was described at various points as a public official and a leading proponent of twentieth-century American liberalism. As a non-fiction writer, he authored works including History of Economics: The Past as the Present, and he also held a role as a politician at different stages of his career. The honors he collected over the decades reflected both his scholarly and public contributions: he received the Presidential Medal of Freedom, the Padma Bhushan, the Leontief Prize for Advancing the Frontiers of Economic Thought, a Guggenheim Fellowship, and the Library of Congress Living Legend award.
Galbraith died on April 29, 2006, in Cambridge, closing a life that had stretched across nearly a century and through some of the most consequential episodes in American economic and political history. The Library of Congress Living Legend award he received stands as a concrete marker of the recognition he earned during his lifetime.
Quotes by John Kenneth Galbraith
John Kenneth Galbraith's insights on:

Do not be alarmed by simplification, complexity is often a device for claiming sophistication, or for evading simple truths.

One of the best ways of avoiding necessary and even urgent tasks is to seem to be busily employed on things that are already done.

Under capitalism, man exploits man. under communism, its just the opposite.

A politician thinks of the next election; a statesman, of the next generation.

Only the man who finds everything wrong and expects it to get worse is thought to have a clear brain.

Politics is not the art of the impossible. It consists in choosing between the disastrous and the unpalatable.

To proclaim the need for new ideas has served, in some measure, as a substitute for them.

No intelligence system can predict what a government will do if it doesn’t know itself.

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

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.