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From Quotes by John Kenneth Galbraith
- From the fact of general well-being came the new position of the poor. They were now in most communities a minority. The voice of the…
- One of my greatest pleasures in my writing has come from the thought that perhaps my work might annoy someone of comfortably pretentious position. Then…
- Money is what fueled the industrial society. But in the informational society, the fuel, the power, is knowledge. One has now come to see a new…
- Increasingly in recent times we have come first to identify the remedy that is most agreeable, most convenient, most in accord with major pecuniary or…
- The income men derive from producing things of slight consequence is of great consequence. The production reflects the low marginal utility of the goods to…
- The fully planned economy, so far from being unpopular, is warmly regarded by those who know it best.
- If a man didn't make sense, the Scotch felt it was misplaced politeness to try to keep him from knowing it. Better that he be…
- A drastic reduction in weapons competition following a general release from the commitment to the Cold War would be sharply in conflict with the needs…
- The massive reduction in risk that is inherent in the development of the modern corporation has been far from fully appreciated.
- The line dividing the state from what is called private enterprise, orat least fromthehighlyorganized part of it, is a traditional fiction.
- Clerks in downtown hotels were said to be asking guests whether they wished the room for sleeping or jumping. Two men jumped hand-in-hand from a…
- Any country that has Milton Friedman as an adviser has nothing to fear from a few million Arabs.
- The conventional view serves to protect us from the painful job of thinking.
- Money differs from an automobile or mistress in being equally important to those who have it and those who do not.
- Much literary criticism comes from people for whom extreme specialization is a cover for either grave cerebral inadequacy or terminal laziness, the latter being a…
- Change comes not from men and women changing their minds, but from the change from one generation to the next.
- Inflation does not lubricate trade but by rescuing traders from their errors of optimism or stupidity.
- A bubble comes from rising prices, whether of stocks, real estate, works of art or anything else. A price increase attracts attention and buyers, which…
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- Total loyalty is possible only when fidelity is emptied of all concrete content, from which changes of mind might naturally arise. — Hannah Arendt
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- From heresy, frenzy and jealousy, good Lord deliver me. — Ludovico Ariosto
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- Men of sense often learn from their enemies. It is from their foes, not their friends, that cities learn the lesson of… — Aristophanes
- At his best, man is the noblest of all animals; separated from law and justice he is the worst. — Aristotle