Economics is extremely useful as a form of employment for economists. - John Kenneth Galbraith

People of privilege will always risk their complete destruction rather than surrender any material part of their advantage. Intellectual myopia, often called stupidity, is no doubt a reason. But the privileged also feel that their privileges, however egregious they may seem to others, are a solemn, basic, God-given right. The sensitivity of the poor to injustice is a trivial thing compared with that of the rich.

In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability.

I am worried about our tendency to over invest in things and under invest in people.