Inventions that are not made, like babies that are not born, are rarely missed. In the absence of new developments, old ones… — John Kenneth Galbraith Copy Share Image
It was not hard to persuade people that the market was sound; as always in such times they asked only that the… — John Kenneth Galbraith Copy Share Image
More investment trusts securities were offered in September of 1929 even than in August - the total was above $600 million. However,… — John Kenneth Galbraith Copy Share Image
Technology, under all circumstances, leads to planning; in its higher manifestations it may put the problems of planning beyond the reach of… — John Kenneth Galbraith Copy Share Image
“The oldest problem in economic education is how to exclude the incompetent. A certain glib mastery of verbiage-the ability to speak portentously… — John Kenneth Galbraith Copy Share Image
Banking may well be a career from which no man really recovers. — John Kenneth Galbraith Copy Share Image
If there must be madness, something may be said for having it on a heroic scale — John Kenneth Galbraith Copy Share Image
Truth has anciently been called the first casualty of war. Money may, in fact, have priority. — John Kenneth Galbraith Copy Share Image
Ideas may be superior to vested interest. They are also very often the children of vested interest. — 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
The man who is admired for the ingenuity of his larceny is almost always rediscovering some earlier form of fraud. The basic… — John Kenneth Galbraith Copy Share Image
The questions that are beyond the reach of economics-the beauty, dignity, pleasure and durability of life-may be inconvenient but they are important. — 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
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
