More from John Kenneth Galbraith

  1. This is what economics now does. It tells the young and susceptible (and also the old and vulnerable) that economic life has no content of …
  2. The process by which banks create money is so simple that the mind is repelled.
  3. The decisive weakness in neoclassical and neo-Keynesian economics is not the error in the assumptions by which it elides the problem of pow…
  4. Of all classes the rich are the most noticed and the least studied.
  5. Let there be no question: economics, so long as it is thus taught, becomes, however unconsciously, a part of the arrangement by which the c…
  6. The man who is admired for the ingenuity of his larceny is almost always rediscovering some earlier form of fraud. The basic forms are all …
  7. Once the visitor was told rather repetitively that this city was the melting pot; never before in history had so many people of such varied…
  8. All successful revolutions are the kicking in of a rotten door. The violence of revolutions is the violence of men who charge into a vacuum.

All John Kenneth Galbraith quotes