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The true opposite of depression is not gaiety or absence of pain, but vitality: the freedom to experience spontaneous feelings.
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James K. Galbraith
I can't resist telling you that when the Vienna Economics Institute celebrated its centennial, many years ago, they invited, as their keynote speaker, my father [John Kenneth Galbraith]. The leading economists of the Austrian school- including von Hayek and von Haberler - returned for the occasion. And so my father took a moment to reflect on the economic triumphs of the Austrian Republic since the war, which, he said, "would not have been possible without the contribution of these men. " They nodded - briefly - until it dawned on them what he meant. They'd all left the country in the 1930s.
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