John Kenneth Galbraith Quotes
Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.
Galbraith, John Kenneth. The Great Crash, 1929. Houghton Mifflin, 1955, p. 75.
Although there are rich people who are fools, having inherited their wealth or were lucky, but rarely does anyone refer to a rich person in those kinds of derogatory terms. They may be called unprincipled, nasty, greedy, but generally not stupid.
John Kenneth Galbraith OC, also known as Ken Galbraith, was a Canadian-American economist, diplomat, public official and intellectual. A leading proponent of 20th-century American liberalism, his books on economic topics were bestsellers from the 1950s through the 2000s. As an economist, he leaned toward post-Keynesian economics from an institutionalist perspective.