John Kenneth Galbraith

John Kenneth Galbraith

John Kenneth "Ken" Galbraith, OC (properly /ɡælˈbreɪθ/ gal-BRAYTH, but commonly /ˈɡælbreɪθ/ GAL-brayth; 15 October 1908 – 29 April 2006), was a Canadian-American economist. He was a Keynesian, an institutionalist, and a leading proponent of 20th-century American liberalism. His books on economic topics were bestsellers from the 1950s through the 2000s and he filled the role of public intellectual from the 1950s to the 1970s on matters of economics.

Galbraith was a prolific author who produced four dozen books and over a thousand articles on various subjects. Among his most famous works was a popular trilogy on economics, American Capitalism (1952), The Affluent Society (1958), and The New Industrial State (1967). He taught at Harvard University for many years. Galbraith was active in Democratic Party politics, serving in the administrations of Franklin D. Roosevelt, Harry S. Truman, John F. Kennedy and Lyndon B. Johnson; he served as United States Ambassador to India under Kennedy. Due to his prodigious literary output he was arguably the best known economist in the world during his lifetime and was one of a select few people to be awarded the Medal of Freedom, in 1946, and the Presidential Medal of Freedom, in 2000, for services to economics. The government of France made him a Commandeur de la Légion d'honneur.

Read more about John Kenneth Galbraith:  Postwar, Works, Honors

Famous quotes containing the words kenneth galbraith, john, kenneth and/or galbraith:

    In the United States, though power corrupts, the expectation of power paralyzes.
    —John Kenneth Galbraith (b. 1908)

    In the years of the Roman Republic, before the Christian era, Roman education was meant to produce those character traits that would make the ideal family man. Children were taught primarily to be good to their families. To revere gods, one’s parents, and the laws of the state were the primary lessons for Roman boys. Cicero described the goal of their child rearing as “self- control, combined with dutiful affection to parents, and kindliness to kindred.”
    —C. John Sommerville (20th century)

    More than a thousand years it is since she
    Was beautiful: she trod the living grass;
    She saw the clouds.
    —James Kenneth Stephens (1882–1950)

    Man, at least when educated, is a pessimist. He believes it safer not to reflect on his achievements; Jove is known to strike such people down.
    —John Kenneth Galbraith (b. 1908)