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John Maynard Keynes Karl Marx |
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His Life Galbraith was born in Iona Station, Ontario, Canada. He graduated from the Ontario Agricultural College, now University of Guelph and then got an M.S. and Ph.D. from the University of California, Berkeley. During World War II, Galbraith served a tenure as deputy head of the Office of Price Administration. At the end of the war, he was asked to carry out a survey of US and allied strategic bombing, and concluded that it served no use and did not shorten the war After the war, he became an advisor to post-war administrations in Germany and Japan. In 1949, Galbraith was appointed professor of economics at Harvard University. He also served as editor of Fortune He was a friend of President John F. Kennedy and was appointed by Kennedy as U.S. ambassador to India from 1961 to 1963. There he attempted to aid the Indian government with developing its economy. While in India, he helped establish one of the first computer sciences department at the Indian Institute of Technology in Kanpur, Uttar Pradesh 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. 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. Criticism of John Kenneth Galbraith: Some wise sayings by the man: Politics is not the art of the possible. It consists in choosing between the disastrous and the unpalatable.... There are times in politics when you must be on the right side and lose.... Faced with the choice between changing one's mind and proving that there is no need to do so, almost everybody gets busy on the proof
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Story of John Kenneth Galbraith (1908- )