Under the privilege of the First Amendment many, many ridiculous things are said.

There are days when the result is so bad that no fewer than five revisions are required. In contrast, when I'm greatly inspired, only four revisions are needed.

The accepted ideas of any period are singularly those that serve the dominant economic interest...What economists believe and teach, whether in the United States or in the Soviet Union, is rarely hostile to the institutions - the private business enterprise, the Communist Party - that reflect the dominant economic power. Not to notice this takes effort, although many succeed.

It is possible that people need to believe they are unmanaged if they are to be managed effectively.

In the affluent society, no useful distinction can be made between luxuries and necessities.

The oldest [John Kenneth] Galbraith rule is that when you hear that a new era has dawned, you should take cover.

I think the role of the Federal Reserve is enormously exaggerated.