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The years of the great depression were a superb time for economists because people not knowing what could be done or what should be done would always assume that maybe an economist had the answer. if you were just a lawyer in washington, you were nobody. but if you were an economist, you might have the answer.
-John Kenneth Galbraith
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The Years Of The Great Depression Were

John Kenneth Galbraith
The years of the great depression were a superb time for economists because people not knowing what could be done or what should be done would always assume that maybe an economist had the answer. if you were just a lawyer in washington, you were nobody. but if you were an economist, you might have the answer.
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Years Knowing People

More From John Kenneth Galbraith

The bad economist sees only what immediately strikes the eye; the good economist also looks beyond. the bad economist sees only the direct consequences of a proposed course; the good economist looks also at the longer and indirect consequences. the bad economists sees only what the effect of a given policy has been or will be on one particular group; the good economist inquires also what the effect of the policy will be on all groups
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What have they done to me? what have they done to me? what have they done to me? what have they done to me? what have they done to me? what have they done to me? what have they done to me? what have they done to me? what have they done to me? what have they done to me? what have they done to me? what have they done to me? what have they done to me? what have they done to me? what have they done to me? what have they done to me? what have they done to me?
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Until the great depression, most economists clung to a vision of capitalism as a perfect or nearly perfect system. that vision wasn’t sustainable in the face of mass unemployment, but as memories of the depression faded, economists fell back in love with the old, idealized vision of an economy in which rational individuals interact in perfect markets.
Memories Perfect Vision
You have a class of young strong men and women, and they want to give their lives to something. advertising has these people chasing cars and clothes they don't need. generations have been working in jobs they hate, just so they can buy what they don't really need. we don't have a great war in our generation, or a great depression, but we do, we have a great war of the spirit. we have a great revolution against the culture. the great depression is our lives. we have a spiritual depression.
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I write with two things in mind. i want to be right with my fellow economists. after all, i've made my life as a professional economist, so i'm careful that my economics is as it should be. but i have long felt that there's no economic proposition that can't be stated in clear, accessible language. so i try to be right with my fellow economists, but i try to have an audience of any interested, intelligent person.
Writing Intelligent Two
If i had been a different sort of person, maybe less impressionable, less intense, less fearful, less utterly dependent upon the perceptions of others - maybe then i would not have bought the cultural party line that thinness is the be-all and end-all of goals. maybe if my family had not been in utter chaos most of the time, maybe if my parents were a little better at dealing with their own lives maybe if i'd gotten help sooner, or if i'd gotten different help, maybe if i didn't so fiercely cherish my secret, or if i were not such a good liar, or were not quite so empty inside... maybe.
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