17 May 2006

John Kenneth Galbraith

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Clive Crook remembers Galbraith:

‘In all life one should comfort the afflicted, but verily, also, one should afflict the comfortable, and especially when they are comfortably, contentedly, even happily wrong.’ John Kenneth Galbraith, who died at the age of 97 on April 29, said that to Britain’s Guardian newspaper in 1989. Was any American economist of comparable esteem so wrong — so comfortably and contentedly wrong, and for so many years — as Galbraith himself? Verily, I cannot think of a rival.

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