I've been a faithful reader of the great classical documents of economics, or tried to be.
John Kenneth GalbraithAnd there was a deeper, less visible effect of the Truman loyalty program. Seeing its consequences for certain individuals and fearing its intrusion on their own lives, many in the government sought protection by strongly asserting their anti-Communism. In the public action that ensued, policy was based not on reality but, instinctively or deliberately, on personal caution...Those who urged a militant and sometimes military anti-Communism were considered sound, trustworthy and personally safe; those who questioned such a course were politically unsafe, possible even slightly disloyal.
John Kenneth GalbraithIt is possible that people need to believe they are unmanaged if they are to be managed effectively.
John Kenneth GalbraithFor the sake of The Progressive, I will say that [Robert] La Follette was relevant, but he was the last.
John Kenneth Galbraith