weaktwos: (Supply Side Jesus!)
So happy May 1st.

John Kenneth Galbraith died the other day.

Here's an interesting synopsis of some of his ideas that pissed off detractors the most.

The Wall Street Journal captured what some of the bloggers said about his passing here.

This commentary was especially hateful:

I don't feel saddened by Galbraith's death, heis nothing now and should have been nothing from the beginning. Had itnot been for the undue influence of East Coast Liberals in ourgovernment throughout the fifties and sixties, he would have simplybeen a stranded economics professor at some university trying to get agrant to publish a theory that was horribly flawed.
-- A comment posted to conservative media criticism blog NewsBusters.



The folks over at the Mises blog held a rather dim view of him, as well.

As it is late, I can't write on this further, but I shall come back to this later.
weaktwos: (Supply Side Jesus!)
Here it is. I tend to think the examples are kind of lame (like using the time it takes to ship a deliverable elsewhere can be used to do something else. Why, duh, Mr. Harvard Business School dude.

Still, France more productive than us? Go figure.

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