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John Kenneth Galbraith OC (October 15, 1908 – April 29, 2006), also known as Ken Galbraith, was a Canadian-American economist, diplomat, public official, and intellectual. His books on economic topics were bestsellers from the 1950s through the 2000s.
Apr 24, 2024 · John Kenneth Galbraith (born October 15, 1908, Iona Station, Ontario, Canada—died April 29, 2006, Cambridge, Massachusetts, U.S.) was a Canadian-born American economist and public servant known for his support of public spending and for the literary quality of his writing on public affairs.
Apr 30, 2006 · John Kenneth Galbraith, the iconoclastic economist, teacher and diplomat and an unapologetically liberal member of the political and academic establishment that he needled in prolific...
John Kenneth Galbraith. 1908-2006. F rom the 1950s through the 1970s, John Kenneth Galbraith was one of the most widely read economists in the United States. One reason is that he wrote so well, with the ability to turn a clever phrase that made those he argued against look foolish.
- American Capitalism
- The Affluent Society
- The New Industrial State
- Third Book of The Trilogy
- Further Reading
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Other than his main trilogy, and perhaps The Theory of Price Control, Galbraith's American Capitalism: The Concept of Countervailing Power(1952) stands out in importance. The central argument of this book is that the growth of economic power in one economic sector tends to induce countervailing power from those who must bargain with the powerful. H...
The Affluent Society examined the continuing urgency that affluent societies attach to higher consumption and production. The general explanation for this paradox, familiar to students of Veblen, is that obsolete ideas are held over from one historical period to another. These ideas persist not by inertia alone but also because they are convenient ...
In The New Industrial State Galbraith expanded his analysis of the role of power in economic life. A central concept of the book is the revised sequence.The conventional wisdom in economic thought portrays economic life as a set of competitive markets governed ultimately by the decisions of sovereign consumers. In this original sequence, the contro...
Economics and the Public Purpose, the last work in Galbraith's major trilogy, continued the characteristic insistence on the role of power in economic life and the inability of conventional economic thought to deal adequately with this power. Conventional economic thought, with its competitive model and presumptions of scarcity and consumer soverei...
The best biographical work on John Kenneth Galbraith is his highly readable memoir, A Life in Our Times (1981). His influence and discussions of his work show up frequently in the Journal of Economic Issues. The book-length secondary literature on Galbraith includes Allan G. Grunchy, Contemporary Economic Thought (1972); Charles H. Hession, John Ke...
Learn about the life and work of John Kenneth Galbraith, a prominent institutional economist, Harvard professor, and social critic. Explore his concepts of countervailing power, the affluent society, conventional wisdom, and the technostructure of the industrial state.
Learn about the life and work of John Kenneth Galbraith, a Canadian-American economist, author, and politician. He was a Keynesian, an institutionalist, and a critic of neo-classical economics.
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Mar 28, 2005 · Learn about the life and legacy of the world's most famous economist, who influenced public policy and economic history for decades. The book covers his views on the New Deal, Reaganomics, Bush, and the New Economy.
