John Kenneth Galbraith: Singular $
on Wednesday, June 15, 2022John Kenneth Galbraith Money Quote saying Money is many things to us, both financial and emotional. John Kenneth Galbraith said:
“Money is a singular thing. It ranks with love as man’s greatest source of joy. And with death as his greatest source of anxiety. Over all history it has oppressed nearly all people in one of two ways: either it has been abundant and very unreliable, or reliable and very scarce” — John Kenneth Galbraith
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In this quote, John Kenneth Galbraith is reflecting on the profound yet paradoxical role of money in human life and society. He suggests that money, like love, can be a significant source of happiness when one has it, but also, like the inevitability of death, it is a major cause of worry and anxiety when one lacks it.
Galbraith then points out that throughout history, most people have experienced money in one of two oppressive forms – either having an unreliable abundance of it or a reliable yet insufficient scarcity.
The best interpretation is that Galbraith is highlighting how money is both profoundly important to well-being but also a persistent source of stress, due to the precariousness of having either too much or too little throughout different times and places.
Birthday: October 15, 1908 – Death: April 29, 2006