John Kenneth Galbraith

John Kenneth Galbraith
Author: Richard Parker
Publisher: Macmillan + ORM
Total Pages: 862
Release: 2015-05-12
Genre: Biography & Autobiography
ISBN: 1466893753

The life and times of America's 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.

Economics in Perspective

Economics in Perspective
Author: John Kenneth Galbraith
Publisher: Princeton University Press
Total Pages: 384
Release: 2017-08-29
Genre: Business & Economics
ISBN: 0691171645

In Economics in Perspective, renowned economist John Kenneth Galbraith presents a compelling and accessible history of economic ideas, from Aristotle through the twentieth century. Examining theories of the past that have a continuing modern resonance, he shows that economics is not a timeless, objective science, but is continually evolving as it is shaped by specific times and places. From Adam Smith's theories during the Industrial Revolution to those of John Maynard Keynes after the Great Depression, Galbraith demonstrates that if economic ideas are to remain relevant, they must continually adapt to the world they inhabit. A lively examination of economic thought in historical context, Economics in Perspective shows how the field has evolved across the centuries.

The New Industrial State

The New Industrial State
Author: John Kenneth Galbraith
Publisher: Princeton University Press
Total Pages: 577
Release: 2015-04-29
Genre: Business & Economics
ISBN: 1400873185

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. The United States is no longer a free-enterprise society, Galbraith argues, but a structured state controlled by the largest companies. Advertising is the means by which these companies manage demand and create consumer "need" where none previously existed. Multinational corporations are the continuation of this power system on an international level. The goal of these companies is not the betterment of society, but immortality through an uninterrupted stream of earnings. First published in 1967, The New Industrial State continues to resonate today.

Money

Money
Author: John Kenneth Galbraith
Publisher: Princeton University Press
Total Pages: 390
Release: 2017-08-29
Genre: Business & Economics
ISBN: 0691171661

Money is nothing more than what is commonly exchanged for goods or services, so why has understanding it become so complicated? In Money, renowned economist John Kenneth Galbraith cuts through the confusions surrounding the subject to present a compelling and accessible account of a topic that affects us all. He tells the fascinating story of money, the key factors that shaped its development, and the lessons that can be learned from its history. He describes the creation and evolution of monetary systems and explains how finance, credit, and banks work in the global economy. Galbraith also shows that, when it comes to money, nothing is truly new—least of all inflation and fraud.

The Legacy of John Kenneth Galbraith

The Legacy of John Kenneth Galbraith
Author: STEVEN PRESSMAN
Publisher: Routledge
Total Pages: 204
Release: 2013-10-18
Genre: Business & Economics
ISBN: 1317982045

When John Kenneth Galbraith passed away on April 29, 2006, the economics profession lost one of its true giants. And this is not just because Galbraith was an imposing figure at 6 feet, 9 inches tall. Throughout his life, Galbraith advised Presidents, made important professional contributions to the discipline of economics, and also tried to explain economic ideas to the general public. This volume pays tribute to Galbraith’s life and career by explaining some of his major contributions to the canon of economic ideas. The papers describe the series of unique contributions that Galbraith made in many different areas. He was a founder of the Post Keynesian view of money, and a proponent of the Post Keynesian view that price controls were necessary to deal with the problem of inflation in a modern economy where large firms already control prices and prices are not determined by the market. He promulgated the view that firms manipulate individual preferences and tastes, through advertising and other means of persuasion, and he drew out the economic implications of this view. He was a student of financial frauds and euphoria, and a forerunner of the Post Keynesian/Minskean view of finance and how financial markets really work. This book was published as a special issue of the Review of Political Economy.

The Affluent Society

The Affluent Society
Author: John Kenneth Galbraith
Publisher: Signet
Total Pages:
Release: 1963-09-01
Genre:
ISBN: 9780451621863

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 to the heart of what economic security means (and doesn't mean) in today's world and lays bare the hazards of individual and societal complacence about economic inequity. While "affluent society" and "conventional wisdom" (first used in this book) have entered the vernacular, the message of the book has not been so widely embraced--reason enough to rediscover The Affluent Society. Copyright © Libri GmbH. All rights reserved.

The Great Crash, 1929

The Great Crash, 1929
Author: John Kenneth Galbraith
Publisher:
Total Pages: 248
Release: 1961
Genre: Depressions
ISBN:

John Kenneth Galbraith's classic study of the Wall Street Crash of 1929.

Prophet of Innovation

Prophet of Innovation
Author: Thomas K. McCraw
Publisher: Harvard University Press
Total Pages: 734
Release: 2010-03-30
Genre: Biography & Autobiography
ISBN: 0674736966

Pan Am, Gimbel’s, Pullman, Douglas Aircraft, Digital Equipment Corporation, British Leyland—all once as strong as dinosaurs, all now just as extinct. Destruction of businesses, fortunes, products, and careers is the price of progress toward a better material life. No one understood this bedrock economic principle better than Joseph A. Schumpeter. “Creative destruction,” he said, is the driving force of capitalism. Described by John Kenneth Galbraith as “the most sophisticated conservative” of the twentieth century, Schumpeter made his mark as the prophet of incessant change. His vision was stark: Nearly all businesses fail, victims of innovation by their competitors. Businesspeople ignore this lesson at their peril—to survive, they must be entrepreneurial and think strategically. Yet in Schumpeter’s view, the general prosperity produced by the “capitalist engine” far outweighs the wreckage it leaves behind. During a tumultuous life spanning two world wars, the Great Depression, and the early Cold War, Schumpeter reinvented himself many times. From boy wonder in turn-of-the-century Vienna to captivating Harvard professor, he was stalked by tragedy and haunted by the specter of his rival, John Maynard Keynes. By 1983—the centennial of the birth of both men—Forbes christened Schumpeter, not Keynes, the best navigator through the turbulent seas of globalization. Time has proved that assessment accurate. Prophet of Innovation is also the private story of a man rescued repeatedly by women who loved him and put his well-being above their own. Without them, he would likely have perished, so fierce were the conflicts between his reason and his emotions. Drawing on all of Schumpeter’s writings, including many intimate diaries and letters never before used, this biography paints the full portrait of a magnetic figure who aspired to become the world’s greatest economist, lover, and horseman—and admitted to failure only with the horses.

The Liberal Persuasion

The Liberal Persuasion
Author: John Patrick Diggins
Publisher: Princeton University Press
Total Pages: 333
Release: 2017-03-14
Genre: History
ISBN: 1400887496

For more than half a century, the celebrated historian Arthur Schlesinger, Jr., has been the guiding force of American liberalism, both intellectually and in practice. The author of many critically acclaimed books, Schlesinger vigorously defended FDR's New Deal policies in his earliest writings and later served as a close advisor to President John F. Kennedy. In this volume, twenty of today's most eminent historians join forces to explore Schlesinger's unique brand of liberalism--one that has steered clear of ideological extremism and social fragmentation, favoring instead pluralism and the pragmatic use of state power. By engaging the reader in various aspects of his career and intellectual pursuits, these essays offer an exhilarating journey through American political history, from the Jackson era to multiculturalism, while demonstrating historical writing at its best. The volume opens with essays on Schlesinger as a historian and a political participant, contributed by William E. Leuchtenburg, Hugh Thomas, George Kennan, John Kenneth Galbraith, and John Morton Blum. The influence of the Jackson era is explored by Robert Remini, Sean Wilentz, and Jean V. Matthews. In a section on modern liberalism and governance, such topics as the New Deal, the Great Society, and the fate of liberalism under the Carter administration are discussed by Alan Brinkley, Kathleen D. McCarthy, Fred Siegel, Leo P. Ribuffo, and Richard C. Wade. Betty Miller Unterberger and Ronald Steel comment on liberalism and the Cold War. Louis Menand and Eugene D. Genovese explore ideological controversies within liberalism, including pragmatic liberalism and relativism and multiculturalism. In the final section, George Cotkin, Neil Jumonville, and Sir Isaiah Berlin write on three figures whom Schlesinger greatly admired: William James, Henry Steel Commager, and Edmund Wilson. Originally published in 1997. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

A Journey Through Economic Time

A Journey Through Economic Time
Author: John Kenneth Galbraith
Publisher: Mariner Books
Total Pages: 272
Release: 1994
Genre: Business & Economics
ISBN: 9780395741757

In this ambitious, eminently readable survey, John Kenneth Galbraith exhibits unmatched insight and broad scope - from World War I and the Russian Revolution to the implications of Communism's fall, from the "superbly insane decade of the twenties" and the Great Depression to the Reagan era and beyond. Whether he is analyzing the advent of Keynesian theory or the end of colonialism and the emergent Third World, Galbraith epitomizes the hindsight and the vision of one who has been an active and outspoken participant in the world's economic history. He writes with authority about the forging of Kennedy's New Frontier and Johnson's Great Society and examines the consequences of the "unintended history of the 1980s". Keenly observed and brilliantly composed, A Journey Through Economic Time is the crowning achievement of a remarkable career, a comprehensive and accessible view of twentieth-century economic and political history that will be read and referred to for years to come.