The power of the corporate bureaucracy - the power of technostructure (a term that did not take off) - is something to which I still adhere.
John Kenneth GalbraithFranklin Delano Roosevelt and J.F Kennedy were Presidents in very different times.
John Kenneth GalbraithThere are a significant number of learned men and women who hold that any successful effort to make ideas lively, intelligible and interesting is a manifestation of deficient scholarship. This is the fortress behind which the minimally coherent regularly find refuge.
John Kenneth GalbraithIt is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought.
John Kenneth GalbraithBy all but the pathologically romantic, it is now recognized that this is not the age of the small man.
John Kenneth GalbraithWorld War II revealed two of the enduring features of the Keynesian Revolution. One was the moral difference between spending for welfare and spending for war. During the Depression very modest outlays for the unemployed seemed socially debilitating, economically unsound. Now expenditures many times greater for weapons and soldiers were perfectly safe. It's a difference that still persists.
John Kenneth Galbraith