Then and Now: An Interview With John Kenneth Galbraith

This article, which appeared in the GAO Journal, No. 3, Fall 1988, presents a round-table discussion of current economic events, focusing on: (1) the differences between the effects of the 1929 stock market crash and the October 1987 crash; (2) deposit insurance and bank bail-outs; (3) the current trade deficit and international competition; (4) the deregulation of the financial services industry; (5) the deployment of American military forces in foreign countries; and (6) the need for government to consider long-term economic policies.