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
There are times in politics when you must be on the right side and lose.
We can safely abandon the doctrine of the eighties, namely that the rich were not...
The Metropolis should have been aborted long before it became New York, London or Tokyo.
There is something wonderful in seeing a wrong-headed majority assailed by truth.
There are few ironclad rules of diplomacy but to one there is no exception. When...
In economics, the majority is always wrong.
The conventional view serves to protect us from the painful job of thinking.
War remains the decisive human failure.
Power is not something that can be assumed or discarded at will like underwear.
There is an insistent tendency among serious social scientists to think of any institution which...
We are becoming the servants in thought, as in action, of the machine we have...
Politics is the art of choosing between the disastrous and the unpalatable.
Few people at the beginning of the nineteenth century needed an adman to tell them...
It has been the acknowledged right of every Marxist scholar to read into Marx the...
Modesty is a vastly overrated virtue.
More die in the United States of too much food than of too little.
The contented and economically comfortable have a very discriminating view of government. Nobody is ever...
The enemy of the conventional wisdom is not ideas but the march of events.
In the United States, though power corrupts, the expectation of power paralyzes.
The great dialectic in our time is not, as anciently and by some still supposed,...