The urge to consume is fathered by the value system which emphasizes the ability of the society to produce.
John Kenneth GalbraithEmancipation of belief is the most formidable of the tasks of reform and the one on which all else depends.
John Kenneth GalbraithUnemployment is rarely considered desirable except by those who have not experienced it.
John Kenneth GalbraithIncreasingly in recent times we have come first to identify the remedy that is most agreeable, most convenient, most in accord with major pecuniary or political interest, the one that reflects our available faculty for action; then we move from the remedy so available or desired back to a cause to which that remedy is relevant.
John Kenneth GalbraithA very complicated mass of things influences the economy - the speculative effect, government policy, consumer borrowing and spending, the level of technical innovation (which I concede, although everyone emphasizes it too much), and much more - including, of course, the rate of inflation.
John Kenneth Galbraith