The problem of the modern economy is not a failure of a knowledge of economics; it's a failure of a knowledge of history.
John Kenneth GalbraithNo society ever seems to have succumbed to boredom. Man has developed an obvious capacity for surviving the pompous reiteration of the commonplace.
John Kenneth GalbraithIt is my guiding confession that I believe the greatest error in economics is in seeing the economy as a stable, immutable structure.
John Kenneth GalbraithIn the affluent society, no useful distinction can be made between luxuries and necessities.
John Kenneth GalbraithIf we are concerned about our great appetite for materials, it is plausible to decrease waste, to make better use of stocks available, and to develop substitutes. But what about the appetite itself? The major cause of the continued deterioration of the global environment is the unsustainable pattern of consumption and production, particularly in industrialised countries
John Kenneth Galbraith