Galbraith Dies

John Kenneth Galbraith passed away last night at the age of 97 in Cambridge, Mass.

Known as a follower of Keynesian economic theories, he joined the Harvard faculty in 1934. Three years later, he became a U.S. citizen.

Galbraith was more than a mere Keynesian.  He was very nearly socialistic, holding the view, probably right up to the end, that price controls work if properly applied.  That alone made him a gasbag in my view.

Comments

[TB]

Hahahahhahaha

[ny patriot]

Now you know how the rest of us feel about you. :)

[Tom Bowler]

Aw come on Pat, I know you really love me.