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Galbraith

The Affluent Society and Other Writings, 1952-1967 - American Capitalism; the Great Crash, 1929; the Affluent Society; the New Industrial State

Galbraith( )
Author: Galbraith, John Kenneth
Editor: Galbraith, James K.
ISBN:978-1-59853-077-3
Publication Date:Sep 2010
Publisher:Library of America, The
Book Format:Hardback
List Price:USD $40.00
Book Description:

Incisive and original, John Kenneth Galbraith wrote with an eloquence that burst the conventions of his discipline and won a readership none of his fellow economists could match. This Library of America volume, the first devoted to economics, gathers four of his key early works, the books that established him as one of the leading public intellectuals of the last century. In American Capitalism, Galbraith exposes with great panache the myth of American free-market...
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Book Details
Pages:1056
Detailed Subjects: Political Science / Public Policy / Economic Policy
Physical Dimensions (W X L X H):5.1 x 8.2 x 1.3 Inches
Book Weight:1.5 Pounds
Author Biography
Galbraith, John Kenneth (Author)
John Kenneth Galbraith is a Canadian-born American economist who is perhaps the most widely read economist in the world. He taught at Harvard from 1934-1939 and then again from 1949-1975. An adviser to President John F. Kennedy, he served from 1961 to 1963 as U.S. ambassador to India. His style and wit in writing and his frequent media appearances have contributed greatly to his fame as an economist.

Galbraith believes that it is not sufficient for government to manage the level of effective demand; government must manage the market itself. Galbraith stated in American Capitalism (1952) that the market is far from competitive, and governments and labor unions must serve as "countervailing power." He believes that ultimately "producer sovereignty" takes the place of consumer sovereignty and the producer - not the consumer - becomes ruler of the marketplace.

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