Word: galbraithe
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Showing his trademark concern for the group he terms "the innocent"--those not directly active in high-stakes market trading--Galbraith also made it clear that he is "not adverse to a correction, so long as it punishes those most responsible for the preceding idiocy...
...most important thing is that the innocent people not be punished," Galbraith said...
...Galbraith has made news in recent days for predicting that the United States is heading into a recession due to a "speculative bubble." He has said that U.S. markets are "very vulnerable right now. Not only the stock market but also the hedge funds and mutual funds...
Described as a "national treasure" by Harvard President Neil L. Rudenstine, who has also said "there are few others who have served Harvard so well for so long, and with such wisdom, originality, and style," Galbraith has not limited his activities to pure economics...
...Galbraith, who was among the tallest men in the room, seemed to cast an impressive presence over the party. He spent much of the time surrounded by a wall of Kennedys and other notables throughout the event--a reception that seemed fit for a "national treasure...