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I react pragmatically. Where...

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Pragmatism
I react pragmatically. Where the market works, I'm for that. Where the government is necessary, I'm for that. I'm deeply suspicious of somebody who says, "I'm in favor of privatization," or, "I'm deeply in favor of public ownership." I'm in favor of whatever works in the particular case.
  • Author: John Kenneth Galbraith, economist (1908-2006)
  • Contributor: ValerieT
  • 1 Comment

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Comments

What do Galbraith mean when he says "works"? For whom? How do we evaluate what's working?
  • LindaKS
  • about 3 years ago
  • Reply



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