On John Kenneth Galbraith
The Economist Who Described the World as It Is
“It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled seas of thought.” - John Kenneth Galbraith
(Essay 1 of 7 in the series The Manufacture of Desire)
Modern capitalism does not respond to desire; it manufactures it. Modern economics conceals this fact behind abstractions. It imagines ideal markets, rational con…
