You will find that the State is the kind of organization which, though it does big things badly, does small things badly, too.

Quote by John Kenneth Galbraith

Topics: Nations Quotes

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.

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

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

The only function of economic forecasting is to make astrology look respectable.

The only function of economic forecasting is to make astrology look respectable.

Modesty is a vastly overrated virtue.

Modesty is a vastly overrated virtue.

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.

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 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.

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...

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...

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,...

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...

There are times in politics when you must be on the right side and lose.

There are times in politics when you must be on the right side and lose.

In economics, the majority is always wrong.

In economics, the majority is always wrong.

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...

We can safely abandon the doctrine of the eighties, namely that the rich were not...

We can safely abandon the doctrine of the eighties, namely that the rich were not...

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...

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.

Politics is the art of choosing between the disastrous and the unpalatable.

Politics is the art of choosing between the disastrous and the unpalatable.

Of all classes the rich are the most noticed and the least studied.

Of all classes the rich are the most noticed and the least studied.

We have escapist fiction, so why not escapist biography?

We have escapist fiction, so why not escapist biography?