458 Quotes by John Kenneth Galbraith

In a community where public services have failed to keep abreast of private consumption things are very different. Here, in an atmosphere of private opulence and public squalor, the private goods have full sway.

Talk of revolution is one of avoiding reality.

No ethic is as ethical as the work ethic.

If anything is evident about people who manage money, it is that the task attracts a very low level of talent, one that is protected in its highly imperfect profession by the mystery that is thought to enfold the subject of economics in general and of money in particular.

Simple minds, presumably, are the easiest to manage.

Economics is not an exact science.

Nostalgia combines regularly with manifest respectability to give credence to old error as opposed to new truth.

The size of General Motors is in the service not of monopoly or the economies of scale but of planning.

Hermann Goering, Joachim von Ribbentrop, Albert Speer, Walther Frank, Julius Streicher and Robert Ley did pass under my inspectionand interrogation in 1945 but they only proved that National Socialism was a gangster interlude at a rather low order of mental capacity and with a surprisingly high incidence of alcoholism.