The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state.

Quote by John Kenneth Galbraith

Topics: John Kenneth Galbraith Quotes

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...

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.

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...

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...

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...

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...

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that...

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that...

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...

Meetings are indispensable when you don't want to do anything.

Meetings are indispensable when you don't want to do anything.

Few things are more tempting to a writer than to repeat, admiringly, what he has...

Few things are more tempting to a writer than to repeat, admiringly, what he has...

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...

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...

It would be foolish to suggest that government is a good custodian of aesthetic goals....

It would be foolish to suggest that government is a good custodian of aesthetic goals....

One of the little-celebrated powers of Presidents (and other high government officials) is to listen...

One of the little-celebrated powers of Presidents (and other high government officials) is to listen...

Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.

Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.

In economics, the majority is always wrong.

In economics, the majority is always wrong.

Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable...

Few can believe that suffering, especially by others, is in vain. Anything that is disagreeable...

Inflation does not lubricate trade but by rescuing traders from their errors of optimism or...

Inflation does not lubricate trade but by rescuing traders from their errors of optimism or...

It's too bad that stupidity isn't painful.

It's too bad that stupidity isn't painful.

America is not an elephant. For one thing, elephants never forget, whereas Americans don't really...

America is not an elephant. For one thing, elephants never forget, whereas Americans don't really...