Monday, May 01, 2006
Monday Morning Soliloquies
- Dr. Galbraith was generally considered to have been an apostle of the theories advanced by British economist John Maynard Keynes: that government could promote full employment and a stable economy by stimulating spending and investment with adjustments in interest and tax rates, and deficit financing.
- He lamented what he believed was an excess accumulation of private wealth at the expense of public needs, and he warned that an unfettered free market system and capitalism without regulation would fail to meet basic social demands. This was echoed in "The Affluent Society."
Nothing is so beautiful as spring--
When weeds, in wheels, shoot long and lovely and lush
Thrush's eggs look like little low heavens, and thrush
Through the echoing timber does so rinse and wring
The ear, it strikes like lightning to hear him sing:
The glassy peartree leaves and blooms, they brush
The descending blue; that blue is all in a rush
With richness; the racing lambs too have fair their fling.
What is all this juice and all this joy ?
A strain of earth's sweet being in the beginning...
--Gerard Manley Hopkins