Quotes by John Kenneth Galbraith

We all agree that pessimism is a mark of superior intellect.

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.

In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.

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

Economics is extremely useful as a form of employment for economists.

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.

More die in the United States of too much food than of too little.

Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.

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

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