Inventions that are not made, like babies that are not born, are rarely missed. In the absence of new developments, old ones may seem very impressive for quite a long while.
John Kenneth GalbraithThe experience of being disastrously wrong is salutary, no economist should be denied it, and not many are.
John Kenneth GalbraithThe complaints of the privileged are too often confused with the voice of the masses.
John Kenneth GalbraithIn Europe and the United States the two decades following the Second World War will for long be remembered as a very good time, the time when capitalism really worked. Everywhere in the industrialized countries production increased. Unemployment was everywhere low. Prices were nearly stable. When production lagged and unemployment rose, governments intervened to take up the slack, as Keynes had urged.
John Kenneth Galbraith