Capitalism is chronically unstable.Boom and bust has always marked capitalism in the United States. There were panics in 1785, 1791, 1819, 1857,… — John Kenneth Galbraith Copy Share Image
In the United States, though power corrupts, the expectation of power paralyzes. — John Kenneth Galbraith Copy Share Image
The accepted ideas of any period are singularly those that serve the dominant economic interest...What economists believe and teach, whether in the… — John Kenneth Galbraith Copy Share Image
In Europe and the United States the two decades following the Second World War will for long be remembered as a very… — John Kenneth Galbraith Copy Share Image
Poverty" Pitt exclaimed "is no disgrace but it is damned annoying." In the contemporary United States it is not annoying but it… — John Kenneth Galbraith Copy Share Image
We now in the United States have more security guards for the rich than we have police services for the poor districts.… — John Kenneth Galbraith Copy Share Image
From the spring of 1941, I controlled all prices in the United States. You could lower a price without my permission, but… — John Kenneth Galbraith Copy Share Image
Superficial observers have long criticized the United States for making a fetish of youth. This is unfair. Uniquely among modern organs of… — John Kenneth Galbraith Copy Share Image
In the United States all business not transacted over the telephone is accomplished in conjunction with alcohol or food, often under conditions… — John Kenneth Galbraith Copy Share Image
The traveler to the United States will do wellto prepare himself for the class-consciousness of the natives. This differs from the already… — 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
