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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."
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"Since we took office, inflation, the fiscal deficit and the balance of payments current account deficit have all fallen. GDP growth, foreign exchange reserves, stock market valuations, and investor confidence have all increased. This success is the result of a series of well thought out policies."

"Economic growth cannot only be restricted to a few cities and a few citizens. Development has to be all-round and all-inclusive."

"Belonging to the working class is the economy's punishment for those who did what they were told to do in class."

"Because of the power that we have given money: The government would rather have taxpayers who do not vote, than voters who do not pay tax."

"Not every single broke and unemployed person needs a job, some need customers."

"A reputation for money is almost as negotiable as money itself."

"Capitalism is the most powerful tool for positive social change."

"Market economy favors the have against the have not."

"Major policy reform in the petroleum sector. Under the new Hydrocarbon Exploration Licensing Policy, there will be pricing and marketing freedom and a transparent revenue-sharing methodology. This will eliminate many layers of bureaucratic controls."

"In two years, we have managed to overcome the odds and register an impressive economic performance."
Explore more quotes by John Kenneth Galbraith


"Politics is not the art of the possible. It consists in choosing between the disastrous and the unpalatable."


"Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive."


"Meetings are a great trap. Soon you find yourself trying to get agreement and then the people who disagree come to think they have a right to be persuaded. However, they are indispensable when you don't want to do anything."


"We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much."


"Much literary criticism comes from people for whom extreme specialization is a cover for either grave cerebral inadequacy or terminal laziness, the latter being a much cherished aspect of academic freedom."
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