Doctoring the Afflicted and Demythifying Public Policy

Larry D. Sanders

Journal of Agricultural and Applied Economics, 2009, vol. 41, issue 2, 339-345

Abstract: “The ultimate test of a set of economic ideas… is whether it illuminates the anxieties of the time. Does it explain problems that people find urgent? Does it bear on the current criticism of economic performance? … Does it bear upon the issues of political debate? For these, though many have always preferred to believe otherwise, do not ignite spontaneously or emerge maliciously from the mouths of agitators to afflict the comfortable.“—John Kenneth Galbraith, Economics & the Public Purpose, 1973

Date: 2009
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