Americans had built themselves a world of speculative pipe … - John Kenneth Galbraith

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Americans had built themselves a world of speculative pipe dreams. That world was inhabited, not by people who had to be convinced, but by people who sought excuses for believing.

John Kenneth Galbraith

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About John Kenneth Galbraith

John Kenneth Galbraith (15 October 1908 – 29 April 2006) was a Canadian-American economist and author.

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Also Known As

Alternative Names: John K. Galbraith • John Galbraith • J. K. Galbraith • Ken Galbraith

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Of all the weapons in the Federal Reserve arsenal, words were the most unpredictable in their consequences.

Clerks in downtown hotels were said to be asking guests whether they wished the room for sleeping or jumping. Two men jumped hand-in-hand from a high window in the Ritz. They had a joint account.

THE INDUSTRIAL SYSTEM requires that prices be under effective control. And it seeks the greatest possible influence over what buyers take at the established prices.

Americans had built themselves a world of speculative pipe dreams. That world was inhabited, not by people who had to be convinced, but by people who… - John Kenneth Galbraith

About John Kenneth Galbraith

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Additional quotes by John Kenneth Galbraith