Word: galbraith
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Union leaders were not alone in their feeling that Nixon's program puts too heavy a burden on the workingman and the poor. John Kenneth Galbraith. even while "wishing him well," said that the tax and federal-expenditure adjustments added up to "a minor bonanza mostly for the rich." Robert M. Williams, director of a U.C.L.A. forecasting service, predicted that the rate of unemployment, currently at a painful 5.8%, would fall by only .5% as a result of the program. Senators William Proxmire and Hubert Humphrey, among others, hinted that the new Nixonomics may be due for some design changes...
Aristotle and Jeremiah. But who is the mysterious satirist, himself apparently a veteran of the Kennedy years? The names of Theodore Sorensen and Pierre Salinger somehow do not come to mind. Could it be the midnight penman, John Kenneth Galbraith, who last struck in 1963 (with his pseudonymous The McLandress Dimension)! Prescott's editor at Doubleday, which also happens to be Galbraith's publisher, replies: "Why don't you ask him?" Last week, unfortunately, Galbraith was unreachable in Austria; his secretary said that he was "driving slowly" from an economists' meeting in the Tyrol toward...
...book contains only one reference to Galbraith by name, but it is a pregnant one. After the "prominent Harvard economist and wit" has made a cogent point to President Kennedy "in his amusingly ironic way" and then apologized for a gloomy prediction, Kennedy replies: "John, you can't scold us often enough, and as far as I'm concerned, you are both an Aristotle and a Jeremiah, a polymath and a prophet...
...George McGovern seems to have little steam of its own. Polls indicate that only 5% of the nation's registered Democrats and 6% of Democratic county chairmen prefer him over the other potential Democratic candidates. His camp abounds with "Kennedy men": Advisers Arthur Schlesinger Jr. and John Kenneth Galbraith, Robert Kennedy's Press Secretary Frank Mankiewicz, Writers Richard Goodwin and Adam Walinsky, plus other lesser-known figures. President Kennedy's Press Secretary Pierre Salinger will be coming aboard early next year. McGovern himself was John Kennedy's Food for Peace director. Moreover, McGovern's posi...
...settling in on the North Slope, and the Arctic yellow poppy blooms in riotous abundance at Prudhoe Bay. Near a lone British Petroleum Co. rig, indifferent caribou graze. At the base camp, oil workers grow restless in the 24-hour daylight. Another idle crew waits 60 miles south, near Galbraith Lake, where $4,500,000 worth of unused Cat tractors, bulldozers, graders and pickup trucks stand in precise rows, as in a toyshop at Christmas. Hundreds of miles farther south, at the port of Valdez, workers are beginning to coat stacks of rusting pipeline-400 miles of it-to prevent...