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 GalbraithMonetary policy suffers from the unfortunate absence of any occult effect. It has long been clear that economic management...would be greatly facilitated if resort could occasionally be had to witchcraft.
John Kenneth GalbraithThe questions that are beyond the reach of economics-the beauty, dignity, pleasure and durability of life-may be inconvenient but they are important.
John Kenneth GalbraithThe complaints of the privileged are too often confused with the voice of the masses.
John Kenneth GalbraithFranklin Delano Roosevelt and J.F Kennedy were Presidents in very different times.
John Kenneth Galbraith