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90 Inspirational Quotes By John Kenneth Galbraith That Will Give You Food For Thought

Famous As: Famous for His Trilogy on Economics 'American Capitalism', 'The Affluent Society' and 'The New Industrial State'
Born On: October 15, 1908
Died On: April 29, 2006
Born In: Iona Station, Canada
Died At Age: 97

John Kenneth Galbraith was undoubtedly one of the best economists the world has ever known. He was one of the few people who received the Medal of Freedom as well as the Presidential Medal of Freedom, during his lifetime. The French Government even bestowed him with the Commandeur de la Légion d'honneur title.

His views on economics and how it is interconnected with every sphere of life has be acclaimed and his views on why we are not being able to bridge the gap between the rich and poor hits the nail on the head.

Here is an excerpt from his speech which puts light on the actual issue of poverty.

“The problem is not economics; it goes back to a far deeper part of human nature. As people become fortunate in their personal well-being, and as countries become similarly fortunate, there is a common tendency to ignore the poor. Or to develop some rationalization for the good fortune of the fortunate. Responsibility is assigned to the poor themselves. Given their personal disposition and moral tone, they are meant to be poor. Poverty is both inevitable and in some measure deserved. The fortunate individuals and fortunate countries enjoy their well-being without the burden of conscience, without a troublesome sense of responsibility.”

Here are some inspirational quotes by John Kenneth Galbraith that will give you food for thought.

The conventional view serves to protect us from the painful job of thinking.

The conventional view serves to protect us from the painful job of thinking.

John Kenneth Galbraith
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.

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

In economics, the majority is always wrong.

John Kenneth Galbraith
Meetings are indispensable when you don't want to do anything.

Meetings are indispensable when you don't want to do anything.

John Kenneth Galbraith

Total physical and mental inertia are highly agreeable, much more so than we allow ourselves to imagine. A beach not only permits such inertia but enforces it, thus neatly eliminating all problems of guilt. It is now the only place in our overly active world that does.

John Kenneth Galbraith
Politics is the art of choosing between the disastrous and the unpalatable.

Politics is the art of choosing between the disastrous and the unpalatable.

John Kenneth Galbraith
The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself.

The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself.

John Kenneth Galbraith
Power is not something that can be assumed or discarded at will like underwear.

Power is not something that can be assumed or discarded at will like underwear.

John Kenneth Galbraith
There are times in politics when you must be on the right side and lose.

There are times in politics when you must be on the right side and lose.

John Kenneth Galbraith
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 ignorance; but finding that they will read, he is doing all in his power to poison their books.

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 ignorance; but finding that they will read, he is doing all in his power to poison their books.

John Kenneth Galbraith

Meetings are a great trap. Soon you find yourself trying to get agreement and then the people who disagree come to think they have a right to be persuaded. However, they are indispensable when you don't want to do anything.

John Kenneth Galbraith
Much literary criticism comes from people for whom extreme specialization is a cover for either grave cerebral inadequacy or terminal laziness, the latter being a much cherished aspect of academic freedom.

Much literary criticism comes from people for whom extreme specialization is a cover for either grave cerebral inadequacy or terminal laziness, the latter being a much cherished aspect of academic freedom.

John Kenneth Galbraith
Nothing is so admirable in politics as a short memory.

Nothing is so admirable in politics as a short memory.

John Kenneth Galbraith
If wrinkles must be written upon our brows, let them not be written upon the heart. The spirit should never grow old.

If wrinkles must be written upon our brows, let them not be written upon the heart. The spirit should never grow old.

John Kenneth Galbraith
Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised.

Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised.

John Kenneth Galbraith
The only function of economic forecasting is to make astrology look respectable.

The only function of economic forecasting is to make astrology look respectable.

John Kenneth Galbraith
In the choice between changing ones mind and proving there's no need to do so, most people get busy on the proof.

In the choice between changing ones mind and proving there's no need to do so, most people get busy on the proof.

John Kenneth Galbraith
Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention, but it has no persuasive value at all.

Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention, but it has no persuasive value at all.

John Kenneth Galbraith
All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership.

All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership.

John Kenneth Galbraith
Few people at the beginning of the nineteenth century needed an adman to tell them what they wanted.

Few people at the beginning of the nineteenth century needed an adman to tell them what they wanted.

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

All successful revolutions are the kicking in of a rotten door.

John Kenneth Galbraith
The process by which banks create money is so simple that the mind is repelled.

The process by which banks create money is so simple that the mind is repelled.

John Kenneth Galbraith
There are few ironclad rules of diplomacy but to one there is no exception. When an official reports that talks were useful, it can safely be concluded that nothing was accomplished.

There are few ironclad rules of diplomacy but to one there is no exception. When an official reports that talks were useful, it can safely be concluded that nothing was accomplished.

John Kenneth Galbraith
We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much.

We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much.

John Kenneth Galbraith
The Metropolis should have been aborted long before it became New York, London or Tokyo.

The Metropolis should have been aborted long before it became New York, London or Tokyo.

John Kenneth Galbraith
It would be foolish to suggest that government is a good custodian of aesthetic goals. But, there is no alternative to the state.

It would be foolish to suggest that government is a good custodian of aesthetic goals. But, there is no alternative to the state.

John Kenneth Galbraith
It has been the acknowledged right of every Marxist scholar to read into Marx the particular meaning that he himself prefers and to treat all others with indignation.

It has been the acknowledged right of every Marxist scholar to read into Marx the particular meaning that he himself prefers and to treat all others with indignation.

John Kenneth Galbraith
In any great organization it is far, far safer to be wrong with the majority than to be right alone.

In any great organization it is far, far safer to be wrong with the majority than to be right alone.

John Kenneth Galbraith
The enemy of the conventional wisdom is not ideas but the march of events.

The enemy of the conventional wisdom is not ideas but the march of events.

John Kenneth Galbraith
Under capitalism, man exploits man. Under communism, it’s just the opposite.

Under capitalism, man exploits man. Under communism, it’s just the opposite.

John Kenneth Galbraith