Jim's Favorite Famous Quote, Quip, Axiom, and Maxim Repository
John Kenneth Galbraith
John Galbraith
John Kenneth Galbraith.
BornOctober 15, 1908
Iona Station, Ontario
DiedApril 29, 2006
Cambridge, Massachusetts
American economist. Professor of economics at Harvard 1949-1975. U.S. Ambassador to India 1961-1963. Writings include The Affluent Society (1958) and The New Industrial State (1967).

The repository contains five quotes from John Kenneth Galbraith.


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


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


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.


Economics is a useful source of employment for economists.

Politics and Government

In capitalism man takes advantage of man. In communism, the opposite happens.