Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised.

Quote by John Kenneth Galbraith

Topics: John Kenneth Galbraith Quotes

There are few ironclad rules of diplomacy but to one there is no exception. When...

There are few ironclad rules of diplomacy but to one there is no exception. When...

The total alteration in underlying circumstances has not been squarely faced, As a result, we...

The total alteration in underlying circumstances has not been squarely faced, As a result, we...

The conventional view serves to protect us from the painful job of thinking.

The conventional view serves to protect us from the painful job of thinking.

In the United States, though power corrupts, the expectation of power paralyzes.

In the United States, though power corrupts, the expectation of power paralyzes.

Nothing is so admirable in politics as a short memory.

Nothing is so admirable in politics as a short memory.

Food - taken to support life Wine - taken to enrichen life Food and Wine...

Food - taken to support life Wine - taken to enrichen life Food and Wine...

If wrinkles must be written upon our brows, let them not be written upon the...

If wrinkles must be written upon our brows, let them not be written upon the...

Few people at the beginning of the nineteenth century needed an adman to tell them...

Few people at the beginning of the nineteenth century needed an adman to tell them...

In the choice between changing ones mind and proving there's no need to do so,...

In the choice between changing ones mind and proving there's no need to do so,...

There is something wonderful in seeing a wrong-headed majority assailed by truth.

There is something wonderful in seeing a wrong-headed majority assailed by truth.

Money differs from an automobile or mistress in being equally important to those who have...

Money differs from an automobile or mistress in being equally important to those who have...

Politics is the art of choosing between the disastrous and the unpalatable.

Politics is the art of choosing between the disastrous and the unpalatable.

A person buying ordinary products in a supermarket is in touch with his deepest emotions.

A person buying ordinary products in a supermarket is in touch with his deepest emotions.

In economics, the majority is always wrong.

In economics, the majority is always wrong.

Under capitalism, man exploits man. Under communism, it's just the opposite.

Under capitalism, man exploits man. Under communism, it's just the opposite.

The salary of the chief executive of a large corporation is not a market award...

The salary of the chief executive of a large corporation is not a market award...

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.

There's a certain part of the contented majority who love anybody who is worth a...

There's a certain part of the contented majority who love anybody who is worth a...

Wealth is not without its advantages and the case to the contrary, although it has...

Wealth is not without its advantages and the case to the contrary, although it has...

The Metropolis should have been aborted long before it became New York, London or Tokyo.

The Metropolis should have been aborted long before it became New York, London or Tokyo.