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Economics Peace and Laughter By John Kenneth Galbraith

Houghton, 382 pp., $7.95 The largest single white-collar occupational group in the United States consists of over five million educators. They are responsible for spending about $65 billion a year of state, federal and local tax monies, endowment income and tuition charges, the vast portion of which goes for their own salaries. They practice planned obsolescence with a zeal that would make General Motors blush. There is an almost predictable cycle in teaching Johnny how to read, spell and add; junior-college districts compete to be the first in elaborate visual aids, swimming pools and theatrical equipment; universities and colleges frantically scour the country for talent to establish black-studies institutes and programs.

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James Burnham

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Economics Peace and Laughter By John Kenneth Galbraith

Houghton, 382 pp., $7.95 The largest single white-collar occupational group in the United States consists of over five million educators. They are responsible for spending about $65 billion a year of state, federal and local tax monies, endowment income and tuition charges, the vast portion of which goes for their own salaries. They practice planned obsolescence with a zeal that would make General Motors blush. There is an almost predictable cycle in teaching Johnny how to read, spell and add; junior-college districts compete to be the first in elaborate visual aids, swimming pools and theatrical equipment; universities and colleges frantically scour the country for talent to establish black-studies institutes and programs.