what we are about

May. 24th, 2017 10:17 pm
graydon2: (Default)
[personal profile] graydon2

In any case, we are using it [price control], and those who doubt that it is necessary or wise should remember that in the incommensurable task of governing this Republic, we often do in practice what we only later find to be justified in principle. [...] Even though we do not like what we are doing, we should understand what we are about.

--John Kenneth Galbraith, A Theory Of Price Control

February 2017

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