People who are in a fortunate position always attribute virtue to what makes them so happy.
John Kenneth GalbraithThere is something wonderful in seeing a wrong-headed majority assailed by truth.
John Kenneth GalbraithMan, at least when educated, is a pessimist. He believes it safer not to reflect on his achievements; Jove is known to strike such people down.
John Kenneth GalbraithDecision has greater virtue and force if taken after there has been eloquent dissent.
John Kenneth GalbraithThe inborn instability of capitalism has been part of the history of the system for several hundred years.
John Kenneth GalbraithCapitalism is chronically unstable.Boom and bust has always marked capitalism in the United States. There were panics in 1785, 1791, 1819, 1857, 1869, 1873, 1907, 1929 and 1987.In economies and politics, as in war, an astonishing number of people die, like the man on the railway crossing, defending their right of way. This is a poorly developed instinct in Switzerland. No country so firmly avows the principles of private enterprise but in few have the practical concessions to socialism been more numerous and varied.
John Kenneth Galbraith