The only function of economic forecasting is to make astrology look respectable.

- John Kenneth Galbraith
More Quotes By John Kenneth Galbraith
- Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic...
- The modern conservative is engaged in one of man’s oldest exercises in moral philosophy; that is, the search...
- Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its...
- Under capitalism, man exploits man. Under communism, it’s just the opposite.
- Commencement oratory must eschew anything that smacks of partisan politics, political preference, sex, religion or unduly firm opinion....
- But there is merit even in the mentally retarded legislator. He asks the questions that everyone is afraid...
- If all else fails immortality can always be assured by adequate error.
- The masters thought they were loved until one day one of their favorites farted loudly while serving dinner...
- Economics is extremely useful as a form of employment for economists.
- The process by which banks create money is so simple that the mind is repelled.
- More die in the United States of too much food than of too little.
- There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.
- In the United States all business not transacted over the telephone is accomplished in conjunction with alcohol or...
- Simple minds, presumably, are the easiest to manage.
- What is called a high standard of living consists, in considerable measure, in arrangements for avoiding muscular energy,...
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