…in the eighteenth century and his so-called law originated in that century but Say didn’t write about it until the early nineteenth century. According to John Kenneth Galbraith, the supposed…

…demolished in The General Theory of Employment, Interest and Money and that John Kenneth Galbraith subsequently declared “sank without trace” in the wake of Keynes’s demolition of it. I call…

…made it due to weather, with airport and train station both closed on Friday, first full day of conference. One of those who did not make it was James Galbraith,…

…rabble become restive, they can always be placated by chauvinist circuses and slick get-rich-quick scams. So much winning! As John Kenneth Galbraith observed, “Weeks, months or years may elapse between…

…illusion. In The Great Crash, John Kenneth Galbraith addressed the significance of the time element in embezzlement, that “most interesting of crimes”: Alone among the various forms of larceny, it…

…a luncheon at the National Press Club for the Indian Finance Minister.  As I got on the elevator, Paul Volcker and John Kenneth Galbraith — among other things he was…

…least indirectly — fraudulent. John Kenneth Galbraith coined the term “bezzle” for the amount by which total wealth is inflated by embezzlement in the period before the embezzlement is discovered:…

…the reverse. Borrow. Spend. Buy. Waste. Want.” John Kenneth Galbraith’s The Affluent Society (1958) and Vance Packard’s The Waste Makers (1960), both best sellers, also took up the theme of…

…better decisions about how to employ, how to distribute, the Nation’s wealth? Seems possible that John Kenneth Galbraith was a man ahead of his time. Better manage? Capitalism worked well…

…world. Today, China is. Then, the women came and went talking of Galbraith and Friedman. Today, we are flying the economy on VFR, at night. Our sons and daughters can…