John Kenneth Galbraith Quotes About Security

Quotes about: Security

• We now in the United States have more security guards for the rich than we have police services for the poor districts. If you're looking for personal security, far better to move to the suburbs than to pay taxes in New York.

  John Kenneth Galbraith

  New York, Moving, Security Guards

  The Guardian, May 23, 1992.

• In numerous years following the war, the Federal Government ran a heavy surplus. It could not (however) pay off its debt, retire its securities, because to do so meant there would be no bonds to back the national bank notes. To pay off the debt was to destroy the money supply.

  John Kenneth Galbraith

  Money, War, Government

  "Money: Whence It Came, Where It Went". Book by John Kenneth Galbraith. Chapter VIII, "The Great Compromise," p. 90, 1975.

• More investment trusts securities were offered in September of 1929 even than in August - the total was above $600 million. However, the nearly simultaneous promotion of Shenandoah and Blue Ridge was to stand as the pinnacle of new era finance. It is difficult not to marvel at the imagination which was implicit in this gargantuan insanity. If there must be madness something may be said for having it on a heroic scale.

  John Kenneth Galbraith

  Blue, August, Imagination

  John Kenneth Galbraith (2009). “The Great Crash 1929”, p.82, Houghton Mifflin Harcourt

• In the conventional wisdom of conservatives, the modern search for security is regularly billed as the greatest single threat to economic progress.

  John Kenneth Galbraith

  Progress, Modern, Economic

  John Kenneth Galbraith (1998). “The Affluent Society”, p.94, Houghton Mifflin Harcourt

• The first goal of the technostructure is its own security.

  John Kenneth Galbraith

  Goal, Firsts, Security

  John Kenneth Galbraith (2015). “The New Industrial State”, p.325, Princeton University Press

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