In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.

Quote by John Kenneth Galbraith

Topics: John Kenneth Galbraith Quotes

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...

Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is...

Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is...

Humor is richly rewarding to the person who employs it. It has some value in...

Humor is richly rewarding to the person who employs it. It has some value in...

More die in the United States of too much food than of too little.

More die in the United States of too much food than of too little.

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.

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.

Commencement oratory must eschew anything that smacks of partisan politics, political preference, sex, religion or...

Commencement oratory must eschew anything that smacks of partisan politics, political preference, sex, religion or...

In any great organization it is far, far safer to be wrong with the majority...

In any great organization it is far, far safer to be wrong with the majority...

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

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

Humor is richly rewarding to the person who employs it. It has some value in...

Humor is richly rewarding to the person who employs it. It has some value in...

Economics is extremely useful as a form of employment for economists.

Economics is extremely useful as a form of employment for economists.

We all agree that pessimism is a mark of superior intellect.

We all agree that pessimism is a mark of superior intellect.

It is a far, far better thing to have a firm anchor in nonsense than...

It is a far, far better thing to have a firm anchor in nonsense than...

Meetings are a great trap. Soon you find yourself trying to get agreement and then...

Meetings are a great trap. Soon you find yourself trying to get agreement and then...

Where humor is concerned there are no standards - no one can say what is...

Where humor is concerned there are no standards - no one can say what is...

One can relish the varied idiocy of human action during a panic to the full,...

One can relish the varied idiocy of human action during a panic to the full,...

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...

Eating greens is a special treat, it makes long ears and great big feet. But...

Eating greens is a special treat, it makes long ears and great big feet. But...

When I get a little money I buy books; and if any is left I...

When I get a little money I buy books; and if any is left I...

In terms of fast food and deep understanding of the culture of fast food, I'm...

In terms of fast food and deep understanding of the culture of fast food, I'm...