There is no name for all who participate in group decision-making or the organization which they form. I propose to call this… — John Kenneth Galbraith Copy Share Image
A wrong decision isn't forever; it can always be reversed. The losses from a delayed decision are forever; they can never be… — John Kenneth Galbraith Copy Share Image
In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally… — John Kenneth Galbraith Copy Share Image
No one was responsible for the great Wall Street crash. No one engineered the speculation that preceded it. Both were the product… — John Kenneth Galbraith Copy Share Image
In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally… — John Kenneth Galbraith Copy Share Image
Decision has greater virtue and force if taken after there has been eloquent dissent. — 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
Technology means the systematic application of scientific or other organized knowledge to practical tasks. — John Kenneth Galbraith Copy Share Image
“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 Image
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 Image
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 Image
Agriculture is one economic activity that does not obey the laws of demand and supply. — John Kenneth Galbraith Copy Share Image
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 Image
Washington is a place where men praise courage and act on elaborate personal cost-benefit calculations. — John Kenneth Galbraith Copy Share Image
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 Image
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 Image
While it will be desirable to achieve planned results, it will be even more important to avoid unplanned disasters. — John Kenneth Galbraith Copy Share Image
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 Image
