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John Kenneth Galbraith Quotes about Lying

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Financial capacity and political perspicacity are inversely correlated. Long-run salvation by men of business has never been highly regarded if it means disturbance of orderly life and convenience in the present. So

Financial capacity and political perspicacity are inversely correlated. Long-run salvation by men of business has never been highly regarded if it means disturbance of orderly life and convenience in the present. So inaction will be advocated in the present even though it means deep trouble in the future. Here, at least equally with Communism, lies the threat to Capitalism. It is what causes men who know that things are going quite wrong to say that things are fundamentally sound.

John Kenneth Galbraith
Running, Lying, Mean
John Kenneth Galbraith (1997). “The Great Crash, 1929”, p.194, Houghton Mifflin Harcourt

THE GENIUS of the industrial system lies in its organized use of capital and technology. This is made possible, as we have duly seen, by extensively replacing the market with planning.

John Kenneth Galbraith
Lying, Technology, Genius
John Kenneth Galbraith (2015). “The New Industrial State”, p.432, Princeton University Press

We talk of the enormous virtues of work, but it turns out that that is mostly for the poor. If you're rich enough or if you're a college professor, the virtue lies in leisure and the use you make of your leisure time.

John Kenneth Galbraith
Lying, College, Leisure
Source: www.progressive.org

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