John Kenneth Galbraith (15 October 1908 – 29 April 2006) was a Canadian-American economist and author.
Biography information from
Wikiquote·
Portrait adapted from
Wikimedia Commons, Published by Houghton Mifflin Company. Photographer is unknown. (Public domain / CC0)
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
Portrait from Wikimedia Commons. Credit: Published by Houghton Mifflin Company. Photographer is unknown.. Used under Public domain / CC0. Processed and styled by Quotewise.
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Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable must surely have beneficial economic effects.
The fact was that American enterprise in the twenties had opened its hospitable arms to an exceptional number of promoters, grafters, swindlers, impostors, and frauds.
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The myth that holds that the great corporation is the puppet of the market, the powerless servant of the consumer, is, in fact one of the devices by which its power is perpetuated.
