We have a swarm of people in the stock market - not out of knowledge, not out of expectation, but out of basically a gambling instinct, the hope that prices will go up.
John Kenneth GalbraithTotal physical and mental inertia are highly agreeable, much more so than we allow ourselves to imagine. A beach not only permits such inertia but enforces it, thus neatly eliminating all problems of guilt. It is now the only place in our overly active world that does.
John Kenneth GalbraithAgriculture is one economic activity that does not obey the laws of demand and supply.
John Kenneth GalbraithThe great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state.
John Kenneth GalbraithI think without a doubt, that what is called "financial genius" is merely a rising market.
John Kenneth GalbraithMoney is a singular thing. It ranks with love as man's greatest source of joy. And with death as his greatest source of anxiety. Over all history it has oppressed nearly all people in one of two ways: either it has been abundant and very unreliable, or reliable and very scarce.
John Kenneth Galbraith