John Kenneth Galbraith Quotes
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Economists are generally negligent of their heroes.
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Men are, in fact, either sustained by organization or they sustain organization.
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The values of a society totally preoccupied with making money are not altogether reassuring.
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The Metropolis should have been aborted long before it became New York, London or Tokyo.
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The only function of economic forecasting is to make astrology look respectable.
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If inheritance qualifies one for office, intelligence cannot be a requirement.
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Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised.
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In numerous years following the war the Federal government ran a heavy surplus. It could not pay off it's debt, retire its securities, because to do so meant there would be no bonds to back the national bank notes. To pay off the debt was to destroy the money supply.
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One of the uses of depression is the exposure of what auditors fail to find.
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The process by which banks create money is so simple that the mind is repelled.
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You will find that the State is the kind of organization which, though it does big things badly, does small things badly, too.
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We now in the United States have more security guards for the rich than we have police services for the poor districts. If you're looking for personal security, far better to move to the suburbs than to pay taxes in New York.
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Marx profoundly affected those who did not accept his system. His influence extended to those who least supposed they were subject to it.
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The present age of contentment will come to an end only when and if the adverse developments that it fosters challenge the sense of comfortable well-being,
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The enemy of the conventional wisdom is not ideas but the march of events.
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The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself.
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It is in the long run that the corporation lives.
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But it can be laid down as a rule that those who speak most of liberty are least inclined to use it.
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Ideas may be superior to vested interest. They are also very often the children of vested interest.
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Only in very recent times has the average man been a source of savings.
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Authorship of any sort is a fantastic indulgence of the ego. It is well no doubt, to reflect on how much one owes to others.
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.
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I never enjoyed writing a book more; indeed, it is the only one I remember in no sense as a labor but as a joy.
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Nothing is so admirable in politics as a short memory.