“There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.”
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Author detail
John Kenneth "Ken" Galbraith, OC was a Canadian and, later, American economist, public official, and diplomat, and a leading proponent of 20th-century American liberalism. His books on economic topics were bestsellers from the 1950s through the 2000s, during which time Galbraith fulfilled the role of public intellectual. As an economist, he leaned toward Post-Keynesian economics from an institutional perspective. Galbraith was a long-time Harvard faculty member and stayed with Harvard University for half a century as a professor of economics. He was a prolific author and wrote four dozen books, including several novels, and published more than a thousand articles and essays on various subjects. - Source: Wikipedia
Quotes
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“There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.”
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“Wisdom, itself, is often an abstraction associated not with fact or reality but with the man who asserts it and the manner of its assertion.”
“Good writing, and this is especially important in a subject such as economics, must also involve the reader in the matter at hand. It is not enough to explain. The images that are in the min...”
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“None of this excuses anyone from mastering the basic ideas and terminology of economics. The intelligent layman must expect also to encounter good economists who are difficult writers even t...”
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“One of the greatest pieces of economic wisdom is to know what you do not know.”
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“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 ac...”
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“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.”
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“Nothing is so admirable in politics as a short memory.”
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“Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.”
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“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...”
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“In all life one should comfort the afflicted, but verily, also, one should afflict the comfortable, and especially when they are comfortably, contentedly, even happily wrong.”
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“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 pr...”
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“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 wh...”
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“Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof.”
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“Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative.”
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“It would be foolish to suggest that government is a good custodian of aesthetic goals. But, there is no alternative to the state.”
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“It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought.”
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“Power is not something that can be assumed or discarded at will like underwear.”
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“If all else fails, immortality can always be assured by spectacular error.”
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“The only function of economic forecasting is to make astrology look respectable.”
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