The life and times of America's most celebrated economist, assessing his lessons-and warnings-for us today John Kenneth Galbraith's books -- among them The Affluent Society and American Capitalism -- are famous for good reason. Written by a scholar renowned for energetic political engagement and irrepressible wit, they are models of provocative good sense that warn prophetically of the dangers of deregulated markets, war in Asia, corporate greed, and stock-market bubbles. Galbraith's work has also deeply-and controversially-influenced his own profession, and in Richard Parker's hands his biography becomes a vital reinterpretation of American economics and public policy. Born and raised on a small Canadian farm, Galbraith began teaching at Harvard during the Depression. He was FDR's "price czar" during the war and then a senior editor of Fortune before returning to Harvard and to fame as a bestselling writer. Parker shows how, from his early championing of Keynes to his acerbic analysis of America's "private wealth and public squalor," Galbraith regularly challenged prevailing theories and policies. And his account of Galbraith's remarkable friendship with John F. Kennedy, whom he served as a close advisor while ambassador to India, is especially relevant for its analysis of the intense, dynamic debates that economists and politicians can have over how America should manage its wealth and power. This masterful chronicle gives color, depth, and meaning to the record of an extraordinary life.
A leading economist discusses his theories on social disequilibrium and suggests ways of restoring the economic balance
John Law's early life (briefly mentioned on pages 35–36) is detailed in The Life of John Law by H. Montgomery Hyde (Amsterdam: Home & Van Thal, 1948). See also John Law by Robert Minton (New York: Association Press, 1975).
James K. Kindahl, “Economic Factors in Specie Resumption, The United States, 1865–79,” The Journal of Political Economy, Vol. LXIX, No. 1 (February 1961), p. 30 et seq. 23 Unger, pp. 339–340. 24 A. Barton Hepburn, A History The Great ...
These letters reveal the charm and brilliance of one of the great American intellectual liberals of the twentieth century.
With searing wit and incisive commentary, John Kenneth Galbraith redefined America's perception of itself in The New Industrial State, one of his landmark works.
pace with profits, 176; high bracket, 178, 186 Investment banks, sponsors of investment trusts, 50-51 Investment company. ... Jay Cooke and Company, 108 Jefferson, Thomas, 62 oint Committee on the Economic Report, 168n.
Galbraith's classic on the "economics of abundance" is, in the words of the New York Times, "a compelling challenge to conventional thought." With customary clarity, eloquence, and humor, Galbraith cuts...
In his new introduction to this classic text on political economy, Galbraith reasserts the validity of the core thesis of American Capitalism: The best and established answer to economic power is the building of countervailing power.
The eminent economist and public servant retraces the main and telling events and relationships of his eventful life and draws sharp portraits of some famous and infamous people met along the way
This work examines the economist John Kenneth Galbraith through the unique lense of political theory.