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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 me… - John Kenneth Galbraith
" "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.
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About John Kenneth Galbraith
John Kenneth Galbraith (15 October 1908 – 29 April 2006) was a Canadian-American economist and author.
Biography information from Wikiquote
Also Known As
Alternative Names:
John K. Galbraith
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John Galbraith
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J. K. Galbraith
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Ken Galbraith
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Additional quotes by John Kenneth Galbraith
Even the economist, who most takes for granted the primacy of pecuniary motivation, looks askance at the colleague who is too avid for consulting fees from corporations or textbook revenues or travel at the expense of the Ford Foundation. Academic courtesy may require that he refrain from first-person comment but duty dictates that he be vigorously critical of the transgressor when the latter is absent.
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