The Mudcat Café TM
Thread #91128   Message #1731207
Posted By: Metchosin
01-May-06 - 09:45 AM
Thread Name: BS: Obit: J K Galbraith (April 2006)
Subject: RE: BS: Obit: J K Galbraith
One of the better thinkers that Canada has ever produced. Many years ago, I read and later watched the BBC production of the Age of Uncertainty. It certainly coloured my view of economics.

A few good Galbraith quotes:

        "Faced with the choice between changing one's mind and proving that there is no need to do so, almost everybody gets busy on the proof."

        "If you feed enough oats to the horse, some will pass through to feed the sparrows." - in relation to trickle-down economics.

        "Under capitalism, man exploits man. Under communism, it's just the opposite."

        "The only function of economic forecasting is to make astrology look respectable."

        "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."

Sad there doesn't seem to be to many of the likes of Galbraith around now, his ideas are still relevant and desparately needed. A good man and a brilliant mind. RIP.