THE GENIUS of the industrial system lies in its organized use of capital and technology. This is made … - John Kenneth Galbraith

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The treasures of Cathay were never found. In this America, this wilderness Where the axe echoes with a lonely sound, The generations labor to possess And grave by grave we civilize the ground.

John Kenneth Galbraith

THE GENIUS of the industrial system lies in its organized use of capital and technology. This is made possible, as we have duly seen, by extensively replacing the market with planning.

Duly, Genius, Lying, Technology

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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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