I've been writing a book called The Economics of Innocent Fraud. I published part of it already in The Progressive ("Free Market Fraud," January 1999). But I've been interrupted these last few months. It deals with all of the things we do, in an innocent way, to cover up the truth.
John Kenneth GalbraithThe urge to consume is fathered by the value system which emphasizes the ability of the society to produce.
John Kenneth GalbraithIt is possible that people need to believe they are unmanaged if they are to be managed effectively.
John Kenneth GalbraithThe shortcomings of economics are not original error but uncorrected obsolescence. The obsolescence has occurred because what is convenient has become sacrosanct. Anyone who attacks such ideas must seem to be a trifle self-confident and even aggressive. The man who makes his entry by leaning against an infirm door gets an unjustified reputation for violence. Something is to be attributed to the poor state of the door.
John Kenneth Galbraith