I was in charge of price controls in World War II and had a ceiling on overall prices. … - John Kenneth Galbraith

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The invitation come from some institution who really involving so-called my own profession, these fields. And then different universities or education sort of institution, I feel that is the place where the awareness of these things to start and to spread a more human community. So then on that level, yes, I have some obligation.

John Kenneth Galbraith

I was in charge of price controls in World War II and had a ceiling on overall prices. Everybody who was subject to general maximum price regulation wanted an exception and went to Congress to persuade a Congressman, or a group of people on the Hill, that I was being a menace to their industry.

Ceilings, Charge, Controls, People, Subject, War

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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.

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Under capitalism, man exploits man. Under communism, it's just the opposite.

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Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy—what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.

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Meetings are a great trap. Soon you find yourself trying to get agreement and then the people who disagree come to think they have a right to be persuaded. However, they are indispensable when you don't want to do anything.

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There are two kinds of forecasters: those who don’t know, and those who don’t know they don’t know.

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