Quotes from John Kenneth Galbraith

Men of genius do not destroy themselves along with so many others and invite such a dismal end.

For now, free at last from all threat of government reaction or retribution, the market sailed off into the wild blue yonder. Especially after June 1 all hesitation disappeared. Never before or since have so many become so wondrously, so effortlessly, and so quickly rich.

For a long time the New York Stock Exchange looked with suspicion on the investment trusts; only in 1929 was fisting permitted.

In the larger history of economics and finance, no year stands out as does 1929. It is, as I have elsewhere observed—like 1066, 1776, 1914, 1945, and now, perhaps, with the collapse of Communism, 1989—richly evocative in the public memory.

There is no major case against life's enjoyments.

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

A point must be repeated: only the pathological weakness of the financial memory...allows us to believe that the modern experience of....debt...is in any way a new phenomenon.

War remains the decisive human failure.

The world of finance hails the invention of the wheel over and over again, often in a slightly more unstable version.

The conventional view serves to protect us from the painful job of thinking.

It is not necessary to advertise food to hungry people, fuel to cold people, or houses to the homeless.

Food - taken to support life Wine - taken to enrichen life Food and Wine - taken to fulfill life

More die in the United States of too much food than of too little.

It would be foolish to suggest that government is a good custodian of aesthetic goals. But, there is no alternative to the state.

The first goal of the technostructure is its own security.

There's a certain part of the contented majority who love anybody who is worth a billion dollars.