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Wed 11 May, 2005 12:30 pm
http://www.nybooks.com/articles/7735
Quote:Volume 26, Number 12 ยท July 19, 1979
Feature
HOW TO GET AHEAD: From an Address to the Yale Graduating Class
This sums up the current group of Republicans pretty well, don't you think?
Cycloptichorn
It was Galbraith who came up with the hypothesis that some industries (auto, in particular) had become so powerful they could not only determine their own production levels, but price and sales volumn as well. The Big Three seem to have believed him. This was in the late sixties - you know, when foreign cars were so rare that VW drivers honked and waved when they passed each other. Oddly, the Japanese didn't swallow the line. Galbraith is not one of my heros.
I do keep trying to get ahead, by the way. Everyone says I need one.