I've been writing a book called The Economics of Innocent Fraud. I published part of it already in … - John Kenneth Galbraith

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The one place where I'm allowed to rebel, and the one place where I'm allowed to not worry about censoring myself is my music.

John Kenneth Galbraith

I've been writing a book called The Economics of Innocent Fraud. I published part of it already in The Progressive ("Free Market Fraud," January 1999). But I've been interrupted these last few months. It deals with all of the things we do, in an innocent way, to cover up the truth.

Book, Cover Ups, January, Published, Writing

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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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