Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative.
Quote by John Kenneth Galbraith
By all but the pathologically romantic, it is now recognized that this is not the...
The only function of economic forecasting is to make astrology look respectable.
Few people at the beginning of the nineteenth century needed an adman to tell them...
In any great organization it is far, far safer to be wrong with the majority...
Politics is the art of choosing between the disastrous and the unpalatable.
War remains the decisive human failure.
In economics, hope and faith coexist with great scientific pretension and also a deep desire...
In the United States, though power corrupts, the expectation of power paralyzes.
The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.
More die in the United States of too much food than of too little.
The conspicuously wealthy turn up urging the character building values of the privation of the...
In central banking as in diplomacy, style, conservative tailoring, and an easy association with the...
There is something wonderful in seeing a wrong-headed majority assailed by truth.
Wealth is not without its advantages and the case to the contrary, although it has...
Meetings are indispensable when you don't want to do anything.
Economics is extremely useful as a form of employment for economists.
Where humor is concerned there are no standards - no one can say what is...
It is not necessary to advertise food to hungry people, fuel to cold people, or...
Banquet: an affair where you eat a lot of food you don't want before talking...
Many's the long night I've dreamed of cheese - toasted, mostly.