The inborn instability of capitalism has been part of the history of the system for several hundred years, … - John Kenneth Galbraith

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Once you do away with the idea of people as fixed, static entities, then you see that people can change, and there is hope.

John Kenneth Galbraith

The inborn instability of capitalism has been part of the history of the system for several hundred years, including recurrent speculative episodes. There should be no doubt in anyone's mind that we're now having another one of those speculative episodes.

Capitalism, Doubt, Hundred, Inborn, Mind, Years

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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.

Conservative, Honesty, Integrity, Moral, Philosophy, Selfishness

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

Capitalism, Communism, Exploits, Funny, Men, Witty

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.

Feed, Horse, Oats, Sides, Theory

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.

Agreement, Indispensable, Meetings, People, Right, Thinking

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

Forecasters, Investing, Kind, Kinds, Know, Two