The individual serves the planning system not by supplying it with savings and the resulting capital; he serves it far more by consuming its products.
John Kenneth GalbraithWe are becoming the servants in thought, as in action of the machine we have created to serve us.
John Kenneth GalbraithThe study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled.
John Kenneth GalbraithEconomic stimulation that works through the increased outlays to the affluent has, inevitably, an aspect of soundness and sanity that is lacking in expenditure on behalf of the undeserving poor.
John Kenneth GalbraithComplexity and obscurity have professional value - they are the academic equivalents of apprenticeship rules in the building trades. They exclude the outsiders, keep down the competition, preserve the image of a privileged or priestly class. The man who makes things clear is a scab. He is criticized less for his clarity than for his treachery.
John Kenneth Galbraith