In any great organization it is far, far safer to be wrong with the majority than to be right alone.
John Kenneth Galbraith
The salary of the chief executive of the large corporations is not an award for achievement. It is frequently in the nature of a warm gesture by the individual to himself
John Kenneth Galbraith
You will find that the State is the kind of organization which, though it does big things badly, does small things badly, too.
John Kenneth Galbraith
It is a far, far better thing to have a firm anchor in nonsense than to put on the troubled seas of thought.
John Kenneth Galbraith
It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled sea of thought.
John Kenneth Galbraith
Economics is a subject profoundly conducive to cliche, resonant with boredom. On few topics is an American audience so practiced in turning off its ears and minds. And none can say that the response is ill advised.
John Kenneth Galbraith
Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention, but it has no persuasive value at all.
John Kenneth Galbraith
The man who is admired for the ingenuity of his larceny is almost always rediscovering some earlier form of fraud. The basic forms are all known, have all been practiced. The manners of capitalism improve. The morals may not.
John Kenneth Galbraith
Much literary criticism comes from people for whom extreme specialization is a cover for either grave cerebral inadequacy or terminal laziness, the latter being a much cherished aspect of academic freedom.
John Kenneth Galbraith
Politics is not the art of the possible. It consists in choosing between the disastrous and the unpalatable.
John Kenneth Galbraith
Inflation does not lubricate trade but by rescuing traders from their errors of optimism or stupidity.
John Kenneth Galbraith