The foresight of financial experts was, as so often, a poor guide to the future. — John Kenneth Galbraith Copy Share Image
There are times in politics when you must be on the right side and lose. — John Kenneth Galbraith Copy Share Image
At best, in such depression times, monetary policy is a feeble reed on which to lean. — John Kenneth Galbraith Copy Share Image
The happiest time of anyone's life is just after the first divorce. — John Kenneth Galbraith Copy Share Image
Only in very recent times has the average man been a source of savings. — John Kenneth Galbraith Copy Share Image
Getting on the cover of TIME guarantees the existence of opposition in the future. — John Kenneth Galbraith Copy Share Image
In recent times no problem has been more puzzling to thoughtful people than why, in a troubled world, we make such poor… — John Kenneth Galbraith Copy Share Image
To see economic policy as a problem of choice between rival ideologies is the greatest error of our time. — John Kenneth Galbraith Copy Share Image
In the autumn of 1929 the mightiest of Americans were, for a brief time, revealed as human beings. — John Kenneth Galbraith Copy Share Image
One can relish the varied idiocy of human action during a panic to the full, for, while it is a time of… — John Kenneth Galbraith Copy Share Image
The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between… — John Kenneth Galbraith Copy Share Image
Nothing in our time is more interesting than the erstwhile capitalist corporation and the erstwhile Communist firm should, under the imperatives of… — John Kenneth Galbraith Copy Share Image
There is an enormous thrust in our time to have a simple answer. And that simple answer is that all depends on… — John Kenneth Galbraith Copy Share Image
All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of… — John Kenneth Galbraith Copy Share Image
We talk of the enormous virtues of work, but it turns out that that is mostly for the poor. If you're rich… — John Kenneth Galbraith Copy Share Image
The years of the Great Depression were a superb time for economists because people not knowing what could be done or what… — John Kenneth Galbraith Copy Share Image
Those who had been riding the upward wave decide now is the time to get out. Those who thought the increase would… — John Kenneth Galbraith Copy Share Image
Increasingly in recent times we have come first to identify the remedy that is most agreeable, most convenient, most in accord with… — John Kenneth Galbraith Copy Share Image
Even in such a time of madness as the late twenties, a great many man in Wall Street remained quite sane. But… — John Kenneth Galbraith Copy Share Image
Broadly speaking, Keynesianism means that the government has a specific responsibility for the behavior of the economy, that it doesn't work on… — John Kenneth Galbraith Copy Share Image
“In many ways the effect of the crash on embezzlement was more significant than on suicide. To the economist embezzlement is the… — John Kenneth Galbraith Copy Share Image
Getting on the cover of TIME guarantees the existence of opposition in the future. — John Kenneth Galbraith Copy Share
Technology means the systematic application of scientific or other organized knowledge to practical tasks. — John Kenneth Galbraith Copy Share
“Men can labor to make sense out of single steps toward the goal without ever pausing to reflect that the goal itself is ludicrous.” — John Kenneth Galbraith Copy Share
Consumer wants can have bizarre, frivolous, or even immoral origins, and an admirable case can still be made for a society that seeks to… — John Kenneth Galbraith Copy Share
That one never need to look beyond the love of money for explanation of human behavior is one of the most jealously guarded simplification… — John Kenneth Galbraith Copy Share
Agriculture is one economic activity that does not obey the laws of demand and supply. — John Kenneth Galbraith Copy Share
If we were not in Vietnam, all that part of the world would be enjoying the obscurity it so richly deserves. — John Kenneth Galbraith Copy Share
Washington is a place where men praise courage and act on elaborate personal cost-benefit calculations. — John Kenneth Galbraith Copy Share
World War II revealed two of the enduring features of the Keynesian Revolution. One was the moral difference between spending for welfare and spending… — John Kenneth Galbraith Copy Share
Money is what fueled the industrial society. But in the informational society, the fuel, the power, is knowledge. One has now come to see… — John Kenneth Galbraith Copy Share
While it will be desirable to achieve planned results, it will be even more important to avoid unplanned disasters. — John Kenneth Galbraith Copy Share
A bad book is the worse that it cannot repent. It has not been the devil's policy to keep the masses of mankind in… — John Kenneth Galbraith Copy Share
Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy—what an older and less elegant… — John Kenneth Galbraith Copy Share
Inventions that are not made, like babies that are not born, are rarely missed. In the absence of new developments, old ones may seem… — John Kenneth Galbraith Copy Share
