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I should quote Galbraith more extensively, he's very entertining on this particular point. I dont think much has changed since the 60's - if anything there's been a backlash.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
by Migeru (migeru at eurotrib dot com) on Thu Jul 17th, 2008 at 05:30:31 AM EST
[ Parent ]
... not for the position of the majority of the profession, but rather for their much weaker ability to deny legitimacy to dissent.

Utsukushikereba sore de ii
by BruceMcF (agila61 at netscape dot net) on Sun Jul 20th, 2008 at 01:10:47 PM EST
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