More from John Kenneth Galbraith

  1. It is my guiding confession that I believe the greatest error in economics is in seeing the economy as a stable, immutable structure.
  2. When you see reference to a new paradigm you should always, under all circumstances, take cover. Because ever since the great tulipmania in…
  3. I write with two things in mind. I want to be right with my fellow economists. After all, I've made my life as a professional economist, so…
  4. Let's begin with capitalism, a word that has gone largely out of fashion. The approved reference now is to the market system. This shift mi…
  5. I react to what is necessary. I would like to eschew any formula. There are some things where the government is absolutely inevitable, whic…
  6. Hitler also anticipated modern economic policy . . . by recognizing that a rapid approach to full employment was only possible if it was co…
  7. Going back to the most ancient times, national well-being, the national prestige depended on territory. The more territory a country had, t…
  8. Economics is extremely useful as a form of employment for economists.

All John Kenneth Galbraith quotes