In central banking as in diplomacy, style, conservative tailoring, and an easy association with the affluent count greatly and results far much less.
John Kenneth GalbraithWisdom... is often an abstraction associated not with fact or reality but with the man who asserts it and the manner of its assertion.
John Kenneth GalbraithThe fully planned economy, so far from being unpopular, is warmly regarded by those who know it best.
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