John Kenneth Galbraith Book order

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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 world has become increasingly separated into the haves and have-nots. In The Culture of Contentment, renowned economist John Kenneth Galbraith shows how a contented class—not the privileged few but the socially and economically advantaged majority—defend their comfortable status at a cost. Middle-class voting against regulation and increased taxation that would remedy pressing social ills has created a culture of immediate gratification, leading to complacency and hampering long-term progress. Only economic disaster, military action, or the eruption of an angry underclass seem capable of changing the status quo. A groundbreaking critique, The Culture of Contentment shows how the complacent majority captures the political process and determines economic policy.

Focusing on the concept of "Countervailing Power," this economics book explores its significance in addressing market failures. Galbraith examines how firms, unions, and government can collectively influence prices and wage rates, emphasizing that such power is essential for protecting the public and vulnerable individuals from exploitation. He argues that without this balance, unchecked private decisions could lead to detrimental consequences, making a case for the necessity of state intervention when countervailing power is insufficient.

The book provides an insightful and humorous exploration of the political landscape over the past sixty-five years, as seen through the eyes of renowned economist John Kenneth Galbraith. Drawing from his extensive interactions with notable public figures, he offers candid reflections on influential personalities from FDR onward. This narrative not only showcases Galbraith's literary talent but also serves as a personal history of the century, highlighting his role in shaping it.

An anthology of essays, articles, and excerpts from the renowned economist features selections from some of his most important works, including Afluent Society, The Age of Uncertainty, The New Industrial State, and The Great Crash, along with introduction to each essay from the author. Original. 15,000 first printing.

A leading economist discusses his theories on social disequilibrium and suggests ways of restoring the economic balance