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John Kenneth Galbraith

By Mike Moffatt, About.com

Who is John Kenneth Galbraith?:

From his Harvard Biography: "John Kenneth Galbraith is the Paul M. Warburg Professor of Economics Emeritus at Harvard University. He is internationally known for his development of Keynesian and post-Keynesian economics, the economics of the modem large firm, as well as for his writing and his active involvement in American politics."

What is John Kenneth Galbraith Most Famous For?:

The dozens of books he has written. His Harvard Biography gives a description of his most famous book: "The Affluent Society (1958), for which he won the Tamiment Book Award and the Sidney Hillman Award, challenged the myth of the U.S. economy's reliance on the gross national product for its social stability, positing instead that consumers' taste for luxury goods dictated the economy's focus at the expense of the common welfare."

Well-Known Articles by John Kenneth Galbraith:

Galbraith has written very few journal articles. His most famous article is "Market Structure and Stabilization Policy" in the May 1957 issue of The Review of Economics and Statistics. Galbraith's writing is found almost exclusively in his books.

Books Written by John Kenneth Galbraith:

Far too many to list here. A full list of the books he has authored is available at Get Cited

Graduate Students of John Kenneth Galbraith:

To my knowledge Galbraith never had any graduate students of note, but I may be wrong about this. Galbraith's academic legacy is through the hundreds and thousands of students who entered the field after being inspired by one of his books.

What Will John Kenneth Galbraith Be Remembered For?:

He'll be remembered for his books, but he will also be remembered for his politics. Galbraith has been one of the leading critics of the neoconservative political movemement of the last 30 years. Galbraith served as the American ambassador to India from 1961 to 1963 and supported Democrat political candidates Adlai Stevenson, John F. Kennedy, and Eugene McCarthy, among others.

Why Galbraith May Win the Nobel Prize in 2003:

He is simply the most famous living economist in the world who has not won one.

Why Galbraith May Not Win the Nobel Prize in 2003:

His work is seen by many as being too mainstream, too political, and not academic enough in nature. If Galbraith was going to win a Nobel Prize in Economics he probably would have been awarded it long ago.

Where Can I Learn More About John Kenneth Galbraith?:

Since his work was in the mainstream there are far more webpages on Galbraith than there are on almost any other economist. A good list of webpages on Galbraith is available at Zeal.

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