A very complicated mass of things influences the economy - the speculative effect, government policy, consumer borrowing and spending, the level of technical innovation (which I concede, although everyone emphasizes it too much), and much more - including, of course, the rate of inflation.
John Kenneth GalbraithThe huge capacity to purchase submission that goes with any large sum of money, well, this we have. This is a power of which we should all be aware.
John Kenneth GalbraithThere are few ironclad rules of diplomacy but to one there is no exception. When an official reports that talks were useful, it can safely be concluded that nothing was accomplished.
John Kenneth GalbraithWealth, in even the most improbable cases, manages to convey the aspect of intelligence.
John Kenneth GalbraithThe threat to men of great dignity, privilege and pretense is not from the radicals they revile; it is from accepting their own myth. Exposure to reality remains the nemesis of the great -- a little understood thing.
John Kenneth Galbraith