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John Kenneth Galbraith Quotes: No grant of feudal privilege has ever equaled, for effortless return, that of the grandparent who bought and endowed his descendants with a thousand shares of General Motors or General Electric.
         

No grant of feudal privilege has ever equaled, for effortless return, that of the grandparent who bought and endowed his descendants with a thousand shares of General Motors or General Electric.


John Kenneth Galbraith
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"John Kenneth Galbraith Quotes." Quoteslyfe.com, 2024. Fri. 22 Nov. 2024. <https://www.quoteslyfe.com/quote/No-grant-of-feudal-privilege-has-ever-741068>.





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Other quotes of John Kenneth Galbraith


The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.



Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.

Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.



Under capitalism, man exploits man. Under communism, it's just the opposite.

Under capitalism, man exploits man. Under communism, it's just the opposite.



But there is merit even in the mentally retarded legislator. He asks the questions that everyone is afraid to ask for fear of seeming simple.

But there is merit even in the mentally retarded legislator. He asks the questions that everyone is afraid to ask for fear of seeming simple.



Economics is extremely useful as a form of employment for economists.

Economics is extremely useful as a form of employment for economists.



If all else fails immortality can always be assured by adequate error.

If all else fails immortality can always be assured by adequate error.



The process by which banks create money is so simple that the mind is repelled.

The process by which banks create money is so simple that the mind is repelled.



There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.

There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.



Simple minds, presumably, are the easiest to manage.

Simple minds, presumably, are the easiest to manage.



Every corner of the public psyche is canvassed by some of the most talented citizens to see if the desire for some merchandisable product can be cultivated.

Every corner of the public psyche is canvassed by some of the most talented citizens to see if the desire for some merchandisable product can be cultivated.





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Most people are afraid of what will happen when they go outside the lines.

Most people are afraid of what will happen when they go outside the lines.



Our faith comes in moments our vice is habitual.

Our faith comes in moments our vice is habitual.



It's quite enough to show a well-beaten dog the whip.

It's quite enough to show a well-beaten dog the whip.



When you start thinking about leaving, choose your moment carefully. Go out while you’re still on top, not when you’re no longer in control of events.

When you start thinking about leaving, choose your moment carefully. Go out while you’re still on top, not when you’re no longer in control of events.



Spectators often express disfavor of fair decisions.

Spectators often express disfavor of fair decisions.



I want to see the U.S become an Islamic nation.

I want to see the U.S become an Islamic nation.



Once we realize the extraordinary power we have to compose our lives, well move from passive, conditioned thinking to being co-creators of our fate.

Once we realize the extraordinary power we have to compose our lives, well move from passive, conditioned thinking to being co-creators of our fate.



Our salvation never comes in the form we would have chosen.

Our salvation never comes in the form we would have chosen.



I've been fortunate in that I've been forced to move from zone to zone.

I've been fortunate in that I've been forced to move from zone to zone.



I have always said every good thing is divinely sent from heaven.

I have always said every good thing is divinely sent from heaven.




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This page presents the quote "No grant of feudal privilege has ever equaled, for effortless return, that of the grandparent who bought and endowed his descendants with a thousand shares of General Motors or General Electric.". Author of this quote is John Kenneth Galbraith. This quote is about descendants, return, general motors, effortless, thousand, privilege, electric, grandparent,.