We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money,… — John Kenneth Galbraith Copy Share Image
Much discussion of money involves a heavy overlay of priestly incantation. — John Kenneth Galbraith Copy Share Image
The foresight of financial experts was, as so often, a poor guide to the future. — John Kenneth Galbraith Copy Share Image
Then came the second Amsterdam discovery, although the principle was known elsewhere. Bank deposits...did not need to be left idly in the… — John Kenneth Galbraith Copy Share Image
The ideas by which people . . . interpret their existence and in measure guide their behavior, were not forged in a world of wealth. — John Kenneth Galbraith Copy Share Image
Nothing so denies a person liberty as the total absence of money. — John Kenneth Galbraith Copy Share Image
In numerous years following the war, the Federal Government ran a heavy surplus. It could not (however) pay off its debt, retire… — John Kenneth Galbraith Copy Share Image
“Nothing in modern attitudes is believed more to signify exceptional intelligence than association with large pools of money. Only immediate experience with… — John Kenneth Galbraith Copy Share Image
The world of finance hails the invention of the wheel over and over again, often in a slightly more unstable version. — John Kenneth Galbraith Copy Share Image
The sense of responsibility in the financial community for the community as a whole is not small. It is nearly nil. — John Kenneth Galbraith Copy Share Image
No solution [to the problem of poverty] is so effective as providing income to the poor. Whether in the form of food,… — John Kenneth Galbraith Copy Share Image
Let’s begin with capitalism, a word that has gone largely out of fashion. The approved reference now is to the market system.… — John Kenneth Galbraith Copy Share Image
In 1736, Franklin's Pennsylvania Gazette printed an apology for its irregular appearence because its printer was "with the Press, labouring for the… — 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
“The process by which money is created is so simple that the mind is repelled.” — John Kenneth Galbraith Copy Share Image
Of all classes the rich are the most noticed and the least studied. — John Kenneth Galbraith Copy Share Image
If you're rich you can buy books. If you're poor, you need a library. — 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