The enemy of the conventional wisdom is not ideas but the march of events.
The enemy of the conventional wisdom is not ideas but the march of events.
Author: John Kenneth Galbraith
One of the greatest pieces of economic wisdom is to know what you do not know.
One of the greatest pieces of economic wisdom is to know what you do not know.
There is something wonderful in seeing a wrong-headed majority assailed by truth.
There is something wonderful in seeing a wrong-headed majority assailed by truth.
Power is not something that can be assumed or discarded at will like underwear.
Power is not something that can be assumed or discarded at will like underwear.
In the United States though power corrupts the expectation of power paralyzes.
In the United States though power corrupts the expectation of power paralyzes.
A bad book is the worse that it cannot repent. It has not been the devil's policy to keep the masses of mankind in ignorance but finding that they will read he is doing all in his power to poison their books.
A bad book is the worse that it cannot repent. It has not been the devil's policy to keep the masses of mankind in ignorance but finding that they will read he is doing all in his power to poison their books.
There are times in politics when you must be on the right side and lose.
There are times in politics when you must be on the right side and lose.
Nothing is so admirable in politics as a short memory.
Nothing is so admirable in politics as a short memory.
Liberalism is I think resurgent. One reason is that more and more people are so painfully aware of the alternative.
Liberalism is I think resurgent. One reason is that more and more people are so painfully aware of the alternative.
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.
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.
The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself.
The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself.
The process by which banks create money is so simple that the mind is repelled.
The process by which banks create money is so simple that the mind is repelled.