458 Quotes by John Kenneth Galbraith

The seminar in economic theory conducted by Hayek at the L.S.E. in the 1930s was attended, it came to seem, by all of the economists of my generation - Nicky Kaldor , Thomas Balogh, L. K. Jah, Paul Rosenstein-Rodan, the list could be indefinitely extended. The urge to participate (and correct Hayek) was ruthlessly competitive.

The world of finance hails the invention of the wheel over and over again, often in a slightly more unstable version.

Power is as power does.

I feel very angry when I think of brilliant, or even interesting, women whose minds are wasted on a home. Better have an affair. It isn't permanent and you keep your job.

All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership.

The foresight of financial experts was, as so often, a poor guide to the future.

Those who yearn for the end of capitalism should pray for government by men who believe that all positive action is inimical to what they call thoughtfully the fundamental principles of free enterprise.

We shall have a race of men who are strong on telemetry and space communications but who cannot read anything but a blueprint or write anything but a computer program.

Nothing is more portable than rich people and their money