458 Quotes by John Kenneth Galbraith

The threat to men of great dignity, privilege and pretense is not from the radicals they revile; it is from accepting their own myth. Exposure to reality remains the nemesis of the great -- a little understood thing.

To add to the technostructure is to increase its power in the enterprise.

Modesty is a vastly overrated virtue.

In the early days of the crash it was widely believed that Jesse L. Livermore, a Bostonian with a large and unquestionably exaggerated reputation for bear operations, leading a syndicate that was driving the market down.

Financial capacity and political perspicacity are inversely correlated. Long-run salvation by men of business has never been highly regarded if it means disturbance of orderly life and convenience in the present. So inaction will be advocated in the present even though it means deep trouble in the future. Here, at least equally with Communism, lies the threat to Capitalism. It is what causes men who know that things are going quite wrong to say that things are fundamentally sound.

War remains the decisive human failure.

We do not manufacture wants for goods we do not produce.

If you feed enough oats to the horse, some will pass through to feed the sparrows (referring to "trickle down" economics).

Technology means the systematic application of scientific or other organized knowledge to practical tasks.