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2006-05-01 -Short Attention Span Theater-

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Posted by Fred 2006-05-01 00:00|| || Front Page|| [11129 views since 2007-05-07] Top

#1 about 20 yrs after his theories were entombed

Posted by Frank G">Frank G 2006-05-01 00:54|| 2006-05-01 00:54|| Front Page Top

#2 another tectonic shift slips horizontal.

Posted by RD 2006-05-01 01:10|| 2006-05-01 01:10|| Front Page Top

#3 I realized I knew nothing about Galbraith's ideas and theories. After a little research, I know why. They are total hogwash as the Brothers Judd elegantly point out.

Posted by phil_b">phil_b 2006-05-01 01:48|| http://autonomousoperation.blogspot.com/]">[http://autonomousoperation.blogspot.com/] 2006-05-01 01:48|| Front Page Top

#4 From phil's link: we are running a full employment economy with zero % inflation

You might have some illegal aliens to thank for that. Actually, when it comes to redistributing wealth, Galbraith may have had it right. This many years in NAFTA and the plight of the Mexicans hasn't improved much. So much so they have to flee north. Yet obviously someone, somewhere is getting rich. The redistribution of wealth ain't going in the right direction, it seems.

Posted by Rafael 2006-05-01 04:25|| 2006-05-01 04:25|| Front Page Top

#5 This many years in NAFTA and the plight of the Mexicans hasn't improved much. So much so they have to flee north. Yet obviously someone, somewhere is getting rich.

Can't be the corrupt Mexican government, eh?

Posted by Rob Crawford">Rob Crawford 2006-05-01 07:16|| http://www.kloognome.com/]">[http://www.kloognome.com/] 2006-05-01 07:16|| Front Page Top

#6 john kenneth who?

Posted by 2b 2006-05-01 07:37|| 2006-05-01 07:37|| Front Page Top

#7 Enbalm, cremate and bury. Take no chances.

Posted by mojo">mojo 2006-05-01 10:18|| 2006-05-01 10:18|| Front Page Top

#8 "The redistribution of wealth ain't going in the right direction, it seems."

You're right. We'll send them all right to Canada.

Posted by Fordesque 2006-05-01 11:19|| 2006-05-01 11:19|| Front Page Top

#9 why do that to Canada? It's our problem and we can handle it ourselves.

Posted by banned from rantburg 2006-05-01 13:46|| 2006-05-01 13:46|| Front Page Top

#10 You're right. We'll send them all right to Canada.

That's still the same direction. When being snarky, at least get details right.

Posted by Rafael 2006-05-01 15:38|| 2006-05-01 15:38|| Front Page Top

#11 Another TRANZI elite bites the dust good riddance I hope Noam Chomsky is next.

An A class turd is gone. Good riddance.

Posted by SPoD 2006-05-01 15:43|| http://sockpuppetofdoom.blogspot.com/]">[http://sockpuppetofdoom.blogspot.com/] 2006-05-01 15:43|| Front Page Top

#12 Can't be the corrupt Mexican government, eh?

Not to a large extent, unless publicly traded companies in the US classify these things as extraneous expenses, or "taxes".

I could be wrong, but the trend lately has been to divert wealth from the many to the very few, in those corporations that take full advantage of NAFTA. Otherwise, you'd see success stories on the Mexican side of the southern US border. And that just hasn't happened.

Posted by Rafael 2006-05-01 15:43|| 2006-05-01 15:43|| Front Page Top

#13 I think Ross had it right... nothing more than a Giant Sucking Sound.

Posted by Besoeker 2006-05-01 15:44|| 2006-05-01 15:44|| Front Page Top

#14 I took a Galbraith-based economics class back in the late 1960's, when everyone who was a prominent economist agreed with Galbraith. Two weeks into the course, I dropped it. I didn't need any longer to know that any economist that believed that drivel wasn't worth listening to.

Posted by Old Patriot">Old Patriot 2006-05-01 17:34|| http://oldpatriot.blogspot.com/]">[http://oldpatriot.blogspot.com/] 2006-05-01 17:34|| Front Page Top

#15 "That's still the same direction. When being snarky, at least get details right."

But it won't be a U.S. problem anymore. I'm sure Canada, with its vaunted superiority, can deal with the issue.

Posted by Fordesque 2006-05-01 18:50|| 2006-05-01 18:50|| Front Page Top

#16 Isn't this the guy who as ambassador to India abandoned the Tibetans in their battle against the Chinese in the sixties? I remember reading that some of the CIA guys (obviously from the old days) really hated him.

Posted by davemac 2006-05-01 20:09|| 2006-05-01 20:09|| Front Page Top

#17 Actually, when it comes to redistributing wealth, Galbraith may have had it right.

"In The New Yorker in 1984, John Kenneth Galbraith argued that the Soviet Union was making great economic progress in part because the socialist system made full use of its manpower, in contrast to the less efficient capitalist West. But an 846-page authoritative study published in 1997, The Black Book of Communism, estimated that the communist ideology claimed 20 million lives in the workers paradise." - Lawrence Reed

Posted by Pappy 2006-05-01 21:24|| 2006-05-01 21:24|| Front Page Top

#18 What's the frequency Kenneth?

Posted by Captain America 2006-05-01 22:44|| 2006-05-01 22:44|| Front Page Top

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