When you see reference to a new paradigm you should always, under all circumstances, take cover. — John Kenneth Galbraith Copy Share Image
The experience of being disastrously wrong is salutary, no economist should be denied it, and not many are. — John Kenneth Galbraith Copy Share Image
It's much easier to point out the problem than it is to say just how it should be solved. — John Kenneth Galbraith Copy Share Image
There is an old saying, or should be, that it is a wise economist who recognizes the scope of his own generalizations. — John Kenneth Galbraith Copy Share Image
The inborn instability of capitalism has been part of the history of the system for several hundred years, including recurrent speculative episodes.… — John Kenneth Galbraith Copy Share Image
The huge capacity to purchase submission that goes with any large sum of money, well, this we have. This is a power… — John Kenneth Galbraith Copy Share Image
In all life one should comfort the afflicted, but verily, also, one should afflict the comfortable, and especially when they are comfortably,… — John Kenneth Galbraith Copy Share Image
Those who yearn for the end of capitalism should pray for government by men who believe that all positive action is inimical… — John Kenneth Galbraith Copy Share Image
I was brought up in southwestern Ontario where we were taught that Canadian patriotism should not withstand anything more than a five-dollar-a-month… — John Kenneth Galbraith Copy Share Image
Almost every aspect of its (Federal Reserve) history should be approached with a discriminating disregard for what is commonly taught or believed. — 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
The family which takes it mauve and cerise, air conditioned, power-steered, and power braked automobile out for a tour passes through cities… — John Kenneth Galbraith Copy Share Image
Get the process of negotiation away from the small specialized group that some people have called the "nuclear theologians" ... Only a… — John Kenneth Galbraith Copy Share Image
I write with two things in mind. I want to be right with my fellow economists. After all, I've made my life… — 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
When you see reference to a new paradigm you should always, under all circumstances, take cover. Because ever since the great tulipmania… — John Kenneth Galbraith Copy Share Image
The Metropolis should have been aborted long before it became New York, London or Tokyo. — John Kenneth Galbraith Copy Share Image
The oldest [John Kenneth] Galbraith rule is that when you hear that a new era has dawned, you should take cover. — John Kenneth Galbraith Copy Share Image
Of all the mysteries of the stock exchange there is none so impenetrable as why there should be a buyer for everyone… — 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
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
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