John Kenneth Galbraith in 1952
“The modern conservative is engaged in one of man’s oldest exercises in moral philosophy, that is the search for a superior moral justification for selfishness. It is an exercise which always involves a certain number of internal contradictions and even a few absurdities. The conspicuously wealthy turn up urging the character-building value of privation for the poor.” [
–John Kenneth Galbraith speech to U.S. Senate on December 18, 1973
John Kenneth Galbraith OC, also known as Ken Galbraith (October 15, 1908 – April 29, 2006 ), was a Canadian-American economist, diplomat, public official, and intellectual. His books on economic topics were bestsellers from the 1950s through the 2000s. As an economist, he leaned toward post-Keynesian economics from an institutionalist perspective. Wikipedia
