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" The process by which banks create money is so simple that the mind is repelled. "
John Kenneth Galbraith
Simple
Process
Money
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" In economics, the majority is always wrong. "
John Kenneth Galbraith
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" Power is not something that can be assumed or discarded at will like underwear. "
John Kenneth Galbraith
Like
Something
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" In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability. "
John Kenneth Galbraith
Hope
Deep
Great
" Much literary criticism comes from people for whom extreme specialization is a cover for either grave cerebral inadequacy or terminal laziness, the latter being a much cherished aspect of academic freedom. "
John Kenneth Galbraith
Laziness
People
Freedom
" The Metropolis should have been aborted long before it became New York, London or Tokyo. "
John Kenneth Galbraith
New York
New
Been
" It would be foolish to suggest that government is a good custodian of aesthetic goals. But, there is no alternative to the state. "
John Kenneth Galbraith
Aesthetic
Goals
Good
" The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state. "
John Kenneth Galbraith
Still
Our
Time
" Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention, but it has no persuasive value at all. "
John Kenneth Galbraith
Attention
Some
Humor
" We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much. "
John Kenneth Galbraith
Too
Money
Working
" We have escapist fiction, so why not escapist biography? "
John Kenneth Galbraith
Why
Biography
Why Not
" Economics is extremely useful as a form of employment for economists. "
John Kenneth Galbraith
Employment
Economics
Economists
" There is something wonderful in seeing a wrong-headed majority assailed by truth. "
John Kenneth Galbraith
Wonderful
Seeing
Truth
" Nothing is so admirable in politics as a short memory. "
John Kenneth Galbraith
Short
Memory
Nothing
" The only function of economic forecasting is to make astrology look respectable. "
John Kenneth Galbraith
Astrology
Only
Make
" Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof. "
John Kenneth Galbraith
Everyone
Mind
Need
" In any great organization it is far, far safer to be wrong with the majority than to be right alone. "
John Kenneth Galbraith
Right
Wrong
Alone
" In the choice between changing ones mind and proving there's no need to do so, most people get busy on the proof. "
John Kenneth Galbraith
People
Mind
Most
" A bad book is the worse that it cannot repent. It has not been the devil's policy to keep the masses of mankind in ignorance; but finding that they will read, he is doing all in his power to poison their books. "
John Kenneth Galbraith
Devil
Finding
Book
" Few people at the beginning of the nineteenth century needed an adman to tell them what they wanted. "
John Kenneth Galbraith
Wanted
Few
Beginning
" The conventional view serves to protect us from the painful job of thinking. "
John Kenneth Galbraith
Painful
View
Thinking
" If all else fails, immortality can always be assured by spectacular error. "
John Kenneth Galbraith
Always
Error
Spectacular
" By all but the pathologically romantic, it is now recognized that this is not the age of the small man. "
John Kenneth Galbraith
Small
Man
Romantic
" Money differs from an automobile or mistress in being equally important to those who have it and those who do not. "
John Kenneth Galbraith
Mistress
Important
Money
" War remains the decisive human failure. "
John Kenneth Galbraith
Decisive
Failure
Human
" There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting. "
John Kenneth Galbraith
Beauty
Standard
Pursuit
" A person buying ordinary products in a supermarket is in touch with his deepest emotions. "
John Kenneth Galbraith
Deepest
Emotions
Person
" Liberalism is, I think, resurgent. One reason is that more and more people are so painfully aware of the alternative. "
John Kenneth Galbraith
Think
Reason
People
" Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive. "
John Kenneth Galbraith
Wealth
Without
Been
" There are times in politics when you must be on the right side and lose. "
John Kenneth Galbraith
Right
You
Lose
" Meetings are a great trap. Soon you find yourself trying to get agreement and then the people who disagree come to think they have a right to be persuaded. However, they are indispensable when you don't want to do anything. "
John Kenneth Galbraith
People
Yourself
Meetings