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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. "

John Kenneth Galbraith

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" Money differs from an automobile or mistress in being equally important to those who have it and those who do not. "

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" In the choice between changing ones mind and proving there's no need to do so, most people get busy on the proof. "

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" It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought. "

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" We all agree that pessimism is a mark of superior intellect. "

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" There are times in politics when you must be on the right side and lose. "

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" People who are in a fortunate position always attribute virtue to what makes them so happy. "

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" 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. "

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" Meetings are indispensable when you don't want to do anything. "

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" 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. "

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" In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability. "

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" Total physical and mental inertia are highly agreeable, much more so than we allow ourselves to imagine. A beach not only permits such inertia but enforces it, thus neatly eliminating all problems of guilt. It is now the only place in our overly active world that does. "

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" The process by which banks create money is so simple that the mind is repelled. "

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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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