The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to… — 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
The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to… — John Kenneth Galbraith Copy Share Image
The process by which banks create money is so simple that the mind is repelled. — John Kenneth Galbraith Copy Share Image
All writers know that on some golden mornings they are touched by the wand; they are on intimate terms with poetry and… — 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
One must always have in mind one simple fact - there is no literate population in the world that is poor, and… — John Kenneth Galbraith Copy Share Image
Do not be alarmed by simplification, complexity is often a device for claiming sophistication, or for evading simple truths. — John Kenneth Galbraith Copy Share Image
But there is merit even in the mentally retarded legislator. He asks the questions that everyone is afraid to ask for fear… — 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
