John Kenneth Galbraith ( 10 of 13 )
In economics, the majority is always wrong.
In economics, the majority is always wrong.
Modesty is a vastly overrated virtue.
Modesty is a vastly overrated virtue.
Economics is extremely useful as a form of employment for economists.
Economics is extremely useful as a form of employment for economists.
The process by which banks create money is so simple that the mind is repelled.
The process by which banks create money is so simple that the mind is repelled.
One of the greatest pieces of economic wisdom is to know what you do not know.
One of the greatest pieces of economic wisdom is to know what you do not know.
Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention, but read more
Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention, but it has no persuasive value at all.
The total alteration in underlying circumstances has not been squarely faced, As a result, we are guided, in part, by read more
The total alteration in underlying circumstances has not been squarely faced, As a result, we are guided, in part, by ideas that are relevant to another world. ... We do many things that are unnecessary, some that are unwise, and a few that are insane.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a read more
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.
Under capitalism, man exploits man. Under communism, it's just the opposite.
Under capitalism, man exploits man. Under communism, it's just the opposite.
If we were not in Vietnam, all that part of the world would be enjoying the obscurity it so richly read more
If we were not in Vietnam, all that part of the world would be enjoying the obscurity it so richly deserves.
