In the New York Sun (sub. may be req.), Edward Glaeser looks at John Kenneth Galbraith's The Affluent Society, first published fifty years ago:
The book's main observation was that America has become unbelievably prosperous. In the 1930s, America wasn't so rich, and by the 1970s, America's wealth wasn't so remarkable anymore. Galbraith beautifully captured that moment in the late 1950s when rising prosperity freed the median American from having real fears about basic necessities.
Galbraith wanted government to use people's wealth to better society. Fiscal conservatives and libertarians (and Libertarians) such as I want government small, and philanthropy left to private citizens. An example of the latter approach: the Gates Foundation's project in partnership with the African Agricultural Technology Foundation to develop drought-tolerant types of maize. As political scientist Robert Paarlberg explains in this interview, African farmers need such crops, and Western bureaucrats aren't supplying them. I hope that more of this kind of work moves from the public to the private sector.
(Paarlberg link via Instapundit.)