The Legacy of John Kenneth Galbraith

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Contents Machine generated contents note: 1. Galbraith 3. Dunn 4.

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Patrick Raines 6. Lamdin 8. Notes Special issue of the Review of Political Economy. Includes bibliographical references and index. Dewey Number View online Borrow Buy Freely available Show 0 more links Set up My libraries How do I set up "My libraries"? La Trobe University Library.

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Bendigo Campus, Heyward Library. Open to the public ; None of your libraries hold this item. Found at these bookshops Searching - please wait And as usual, those arguments had a strong moral component. It has been pointed out since Galbraith's death in April at age 97 that he was never viewed as an economist's economist.

John Kenneth Galbraith Name Drops the Great Leaders of the Twentieth Century (1999)

On the shortlist of the last century's most influential thinkers - John Maynard Keynes, Milton Friedman, Paul Samuelson, and Gary Becker, among others - he doesn't hold a place. Yet this misses the point: Galbraith is on a different shortlist.

His most durable insights were in the realm of social commentary, informed by an understanding of market behavior, global history, and his own service in government. That's what made Galbraith worth reading.

Conversation with John Kenneth Galbraith, p. 7 of 7

He was proven wrong by some colleagues on his interpretation of various economic phenomena. But he was right to call attention to the power of the modern corporation, the gaps between rich and poor, and the risks inherent in a market system unchecked by the hand of government. And his message was rendered all the more effective by his deft writing style and dry wit. Galbraith was steadfast in his liberalism and a frequent critic of our corporate culture. Yet he also called attention to the great achievements of American business in the 20th century.

Never in his wildest moments of optimism, he told me, did he envision the kind of economic growth the U.

Galbraith's Intellectual Legacy

The Scotch , Galbraith's entertaining account of his boyhood environment in southern Ontario, was published in His liberal interventionist theories became displaced in the s when conservative fundamentalism became an attractive alternative. A Journey Through Economic Time and The Culture of Contentment were Galbraith's rebuttals to conservative economic policy and their failure to revive Western economies from recessionary trends and succeeded in bringing many of his theories back into vogue. In The Socially Concerned Today U of T Press Galbraith recorded his views on what the socially concerned society should be today, and reflected on the principles of distribution of wealth, flaws in the market system and the state of higher education.

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