Top 10 Quotes by John Kenneth Galbraith

John Kenneth Galbraith

To see economic policy as a problem of choice between rival ideologies is the greatest error of our time.

John Kenneth Galbraith
All successful revolutions are the kicking in of a rotten door. John Kenneth Galbr
John Kenneth Galbraith

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

John Kenneth Galbraith
In economics, the majority is always wrong.
John Kenneth Galbraith

It was Herbert Spencer, not Charles Darwin, who coined the phrase Survival of the Fittest.

John Kenneth Galbraith
Genius is a rising stock market.
John Kenneth Galbraith

The massive reduction in risk that is inherent in the development of the modern corporation has been far from fully appreciated.

John Kenneth Galbraith
Were it part of our everyday education and comment that the corporation is an instrument for the exercise of power, that it belongs to the process by which we are governed, there would then be debate on how that power is used and how it might be made subordinate to the public will and need. This debate is avoided by propagating the myth that the power does not exist.
John Kenneth Galbraith

We live surrounded by a systematic appeal to a dream world which all mature, scientific reality would reject. We, quite literally, advertise our commitment to immaturity, mendacity and profound gullibility. It is as the hallmark of the culture. And it is justified as being economically indispensable.

John Kenneth Galbraith
It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought.