Celebrities John Kenneth Galbraith, Birthday: 15 October 1908, Dunwich Township, Ontario, Canada

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

It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled sea ...Show more »

It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled sea of thought. Show less «

If all else fails, immortality can always be assured by spectacular error.

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

[what he called "Galbraith's First Law"] Modesty is a vastly overrated virtue.

Wealth is not without its advantages, and the case to the contrary, although it has often been made,...Show more »

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

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

Economists are economical, among other things, of ideas; most make those of their graduate days last...Show more »

Economists are economical, among other things, of ideas; most make those of their graduate days last a lifetime. Show less «

John Kenneth Galbraith