" ... John Kenneth Galbraith, one of our greatest 20th century economists ..."  Considered as such by many, I guess, especially those fond of the notion that we can borrow our way to prosperity.

Galbraith kind of lost me, though, when he airily declaimed in the late 70's, "... I don't know anyone who isn't working harder because of their taxes, do YOU??"   Well, at the time even as a hick kid construction worker, I knew dozens of such people - which led me to suspect that the Good Professor Galbraith was suffering from the Ivory Tower Syndrome.   Apparently, he really didn't have a clue how people in the productive part of the economy (outside of his narrow social class) actually behaved.  :-/