458 Quotes by John Kenneth Galbraith

Very important functions can be performed very wastefully and often are.

Milton Friedman’s misfortune is that his economic policies have been tried.

The questions that are beyond the reach of economics-the beauty, dignity, pleasure and durability of life-may be inconvenient but they are important.

Only in very recent times has the average man been a source of savings.

Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy—what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.

According to the experience of all but the most accomplished jugglers, it is easier to keep one ball in the air than many.

The sense of responsibility in the financial community for the community as a whole is not small. It is nearly nil.

In the assumption that power belongs as a matter of course to capital, all economists are Marxians.

Change comes not from men and women changing their minds, but from the change from one generation to the next.