OT / My pet peeve *fatties*
I thought it was a pretty simple question to ask you which
economists have stated that Galbraith is "discredited."
Dave wrote:
One does not generally speak unkindly of the dead, but here's an excerpt
from his obit in The Economist:
"Mr Galbraith was thus less an economist than a mixture of sociologist,
political scientist and journalist."
This, coming from a political blog-on-paper, is really not
all that unkind.
" ... Long after Mr Galbraith's brand of big-government liberalism fell out of
favour, he remained its standard-bearer."
Fell out of favor with whom?
In other words, among *economists* Galbraith is not dicredited.
Among politically oriented bigots, his political ideas have
"fallen out of favor." That's a very far cry from being
discredited. But this is a pretty close approximation of the
answer I expected. Thank you.
Furthermore, you haven't addressed *any* of Glabraith's
central economic theories... among which is that advertising
drives demand for common consumer goods... an idea you
clearly believe yourself. Discredited? A laugh!
In truth, I'm more interested in why Frank B apparently
doesn't believe it.
DSK
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