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Men will look back in amusement at the pretence that once caused people to refer to General Dynamics and North American Aviation and AT&T as private business.
John Kenneth Galbraith
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John Kenneth Galbraith
Age: 97 †
Born: 1908
Born: October 15
Died: 2006
Died: April 29
Diplomat
Economist
Non-Fiction Writer
Politician
University Teacher
John K. Galbraith
People
Private
Pretence
General
Dynamics
American
Refer
Business
Amusement
Back
Aviation
Look
Caused
Looks
North
Men
Economics
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Authorship of any sort is a fantastic indulgence of the ego.
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The experience of being disastrously wrong is salutary, no economist should be denied it, and not many are.
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Even the word depression itself was the terminological product of an effort to soften the connotation of deep trouble. In the last century, the term crisis was normally employed. With time, however, this acquired the connotation of the misfortune it described.
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One man's consumption becomes his neighbor's wish.
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The sense of responsibility in the financial community for the community as a whole is not small. It is nearly nil.
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If people are hungry, ill-clad, unsheltered or diseased, nothing is so important as to remedy their condition.
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Private enterprise did not get us atomic energy.
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In 1736, Franklin's Pennsylvania Gazette printed an apology for its irregular appearence because its printer was with the Press, labouring for the publick Good, to make Money more plentiful. The press was busy printing money.
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