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.
The book traces how ideas of economists and social philosophers shape actions and events even when we are unaware of their sources.
A critical analysis of power by renowned author John Kenneth Galbraith, where he discusses its origins and manifestations, and culminates in a discussion of the response to power in a largely democratic context.
Addresses, essays, lectures on economic policy, economic affairs, Galbraith's personal history, several authors, and the arts - a mixed bag by the famous economist.
A medley of essays deliberating on socialism and communism and the question of whether a mutual coexistence of the two is in fact possible. As told through the eyes of Galbraith and Menshikov from the grounds of their mutual respect and friendship.
In 1972, John Kenneth Galbraith, with his two predecessor presidents of the American Economic Association, Professors Wassily Leontief of Harvard and James Tobin of Yale, was invited to visit China to obtain a privileged view of the Chinese economy.
A concise, contumacious critique of the complacent class that rules America in the interest of its own comfort, by distinguished economist Galbraith (emeritus, Harvard U.).
The third and most important of Galbraith's major works brings completely into focus his model of our modern economic society.
Galbraith gives students and professional economists alike the history behind current economic concepts. He outlines the ethical judgments that remain from the household economies of the Greeks to modern capitalism.
John Kenneth Galbraith has long been at the center of American economics, in key positions of responsibility during the New Deal, World War II, and since, guiding policy and debate. His trenchant new book distills this lifetime of experience in the public and private sectors; it is a scathing critique of matters as they stand today. Sounding the alarm about the increasing gap between reality and "conventional wisdom" -- a phrase he coined -- Galbraith tells, along with much else, how we have reached a point where the private sector has unprecedented control over the public sector. We have given ourselves over to self-serving belief and "contrived nonsense" or, more simply, fraud. This has come at the expense of the economy, effective government, and the business world. Particularly noted is the central power of the corporation and the shift in authority from shareholders and board members to management. In an intense exercise of fraud, the pretense of shareholder power is still maintained, even with the immediate participants. In fact, because of the scale and complexity of the modern corporation, decisive power must go to management. From management and its own inevitable self-interest, power extends deeply into government -- the so-called public sector. This is particularly and dangerously the case in such matters as military policy, the environment, and, needless to say, taxation. Nevertheless, there remains the firm reference to the public sector. How can fraud be innocent? In his inimitable style, Galbraith offers the answer. His taut, wry, and severe comment is essential reading for everyone who cares about America's future. This book is especially relevant in an election year, but it deeply concerns the much longer future.
The primary aspect of the "fraud" of the American economy that Galbraith (emeritus, economics, Harvard U.) criticizes is the false pretense of shareholder control over corporations, when in fact all real power has shifted to corporate managers. Contradicting conventional wisdom, or "approved belief" in his words, he denies the distinction between the private and public sectors, describing how the managerial class has unprecedented power in the economy's public sector, including major influence over important policies of war or peace. In the end, the continuing references to an impersonal market are "a not wholly innocent fraud."
An anthology of essays on economics, finance, and a variety of other subjects.
THE ESSENTIAL GALBRAITH includes key selections from the most important works of John Kenneth Galbraith, one of the most distinguished writers of our time - from THE AFFLUENT SOCIETY, the groundbreaking book in which he conined the tern "conventional wisdom," to THE GREAT CRASH, an unsurpassed account of the events that triggered America's worst economic crisis. Galbraith's new introductions place the works in their historical moment and make clear their enduring relevance for the new century. THE ESSENTIAL GALBRAITH will delight old admirers and introduce one of our most beloved writers to a new generation of readers. It is also an indispensable resource for scholars and students of economics, history, and politics, offering unparalleled access to the seminal writings of an extraordinary thinker.
This compact, tightly argued, and eloquent book is the quintessential John Kenneth Galbraith, the manifesto of the "abiding liberal." In defining the characteristics of a good society and creating the blueprint for a workable agenda, Galbraith allows for human weakness without compromising a humane culture, and recognizes barriers that hinder but do not defeat a responsible, stable, and hopeful future.
The great economist offers his theory for what happened in the 1929 crash.
Of Galbraith's classic examination of the 1929 financial collapse, the Atlantic Monthly said:"Economic writings are seldom notable for their entertainment value, but this book is. Galbraith's prose has grace and wit, and he distills a good deal of sardonic fun from the whopping errors of the nation's oracles and the wondrous antics of the financial community." Now, with the stock market riding historic highs, the celebrated economist returns with new insights on the legacy of our past and the consequences of blind optimism and power plays within the financial community.
A renowned economist presents an accessible, far-reaching history of the century's economics from World War I and the Russian Revolution, through the Depression and Keynesian theory, to colonialism's collapse and the rise of the Third World.
The chapters on his ambassadorship to India during the Sino-Indian war, on the Vietnam war, and on Lyndon Johnson will provide historians with some new footnotes. Without Galbraith the political literature of our time would be far drearier.
"Names? You want names? No one knows better ones than John Kenneth Galbraith" (San Diego Union-Tribune). With the dazzling insight, humor, and literary skill that mark Galbraith as one of the most distinguished writers of our time, Name-Dropping charts the political landscape of the past sixty-five years. Drawing on a lifetime of access to many great public figures, the famous economist offers a clear-eyed, unsparing, and amusing "look at prominent people . . . [he] has known, from FDR on" (Larry King, USA Today) and offers a rich and uniquely personal history of the century - a history he helped to shape.
John Kenneth Galbraith, the noted economist, joined Franklin Delano Roosevelt and the New Deal in 1934 and served that administration during World War II; in the crucial role of Deputy Head of the Office of Price Administration in charge of price control. His service to FDR and his relationship with Eleanor Roosevelt began a long involvement with the leaders who would define much of the course of the twentieth century: Truman, Stevenson, John F. and Jacqueline Kennedy, Nehru, Lyndon Johnson, and others at home and abroad. Drawing on a lifetime of access to many of the greatest public figures, Galbraith creates a rich and uniquely personal history of the century -- a history he helped to shape. We are invited to hear FDR on the Great Depression and World War II; Albert Speer, the Third Reich's architect and armaments minister, on the boorishness and incompetence of the Nazi leadership; John F. Kennedy, from youth to the presidency; Jacqueline Kennedy's shrewd judgments of the White House inner circle. In this clear-eyed, unsparing, and amusing look back at the world and the people he has known, Galbraith tells what these leaders did -- how they looked to him then and how they look to him now -- with unforgettable reminiscences and a rich infusion of engaging anecdotes. "Name-Dropping" charts the political landscape of the past sixty-five years with the dazzling insight, humor, and literary skill that mark Galbraith as one of the most distinguished writers of our time.
Originally given as a series of lectures now reformatted in to novelization, "The Nature of Mass Poverty" discusses the weighty subject of mass hunger as well as the nature of poverty and its derivations.
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.
The world-renowned economist offers "dourly irreverent analyses of financial debacle from the tulip craze of the seventeenth century to the recent plague of junk bonds."-The Atlantic.
The world-renowned economist offers "dourly irreverent analyses of financial debacle from the tulip craze of the seventeenth century to the recent plague of junk bonds. "-The Atlantic. .
In this book, its brevity compelling attention, the eminent economist chronicles the histories of several speculative periods of the last three centuries, discussing their sad aftermaths and analyzing the peculiar pitfalls of get-rich-quick schemes.
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