Economics is more descriptive than predictive, but it is amazing how similar the circumstances of the 1929 crash are to the 2008 crash. I was also surprised by how sarcastic Galbraith's tone gets when he describes the mendacity of some big businessmen of the time and the incompetence of the subsequ...
This book was referenced several times in "Juggling Dynamite" so I thought I'd check it out. Galbraith's style reminds me of the intellectuals I was always tripping over at the University but he's quite readable. In fact, the book is pretty funny in a sarcastic, cutting kind of way. Galbraith revie...
Galbraith attempts to lay out what a good, humane society might look like, what values it might espouse, how it would treat people within and outside of its borders. He lists general principles and it is cheering that so many of them seem to have found their way into the Obama Administration’s plans...
This quote about sums it up: "Tenure was originally invented to protect radical professors, those who challenged the accepted order. But we don't have such people anymore at the universities, and the reason is tenure. When time comes to grant it nowadays, the radicals get screened out. That's its p...
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