Quotes from The New Industrial State — John Kenneth Galbraith
1908–2006 Canada
← All quotes by John Kenneth Galbraith
44 quotes
If he suspects that economics, as it is conventionally taught, is, in part, a system of belief designed less to reveal truth than to reassure students and other communicants as to the benign tendency of established social arrangements, he will also be right.
The New Industrial State (1967)
It is a well-established, though perhaps somewhat transparent, technique of argument, on encountering something which cannot easily be reconciled with preferred belief, to point to the exceptions. What does not invariably exist is then held not to exit.
The New Industrial State (1967)
The individual serves the planning system not by supplying it with savings and the resulting capital; he serves it far more by consuming its products. On no other activity, religious, political or moral, is he so elaborately, skillfully and expensively instructed.
The New Industrial State (1967)
The real accomplishment of modern science and technology consists in taking ordinary men, informing them narrowly and deeply and then, through appropriate organization, arranging to have their knowledge combined with that of other specialized but equally ordinary men. This dispenses with the need for genius. The resulting performance, though less inspiring, is far more predictable.
The New Industrial State (1967)