One can relish the varied idiocy of human action during a panic to the full, for, while it is a time of great tragedy, nothing is being lost but money.

Quote by John Kenneth Galbraith

Topics: Money Quotes

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

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

You will find that the State is the kind of organization which, though it does...

You will find that the State is the kind of organization which, though it does...

The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.

The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.

Total physical and mental inertia are highly agreeable, much more so than we allow ourselves...

Total physical and mental inertia are highly agreeable, much more so than we allow ourselves...

Power is not something that can be assumed or discarded at will like underwear.

Power is not something that can be assumed or discarded at will like underwear.

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...

All of the great leaders have had one characteristic in common: it was the willingness...

All of the great leaders have had one characteristic in common: it was the willingness...

Faced with the choice between changing one's mind and proving that there is no need...

Faced with the choice between changing one's mind and proving that there is no need...

If it is dangerous to suppose that government is always right, it will sooner or...

If it is dangerous to suppose that government is always right, it will sooner or...

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 enemy of the conventional wisdom is not ideas but the march of events.

The enemy of the conventional wisdom is not ideas but the march of events.

Nothing is so admirable in politics as a short memory.

Nothing is so admirable in politics as a short memory.

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...

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...

The contented and economically comfortable have a very discriminating view of government. Nobody is ever...

The contented and economically comfortable have a very discriminating view of government. Nobody is ever...

A bad book is the worse that it cannot repent. It has not been the...

A bad book is the worse that it cannot repent. It has not been the...

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...

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.

In economics, the majority is always wrong.

In economics, the majority is always wrong.

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...