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  3. The Economics of John Kenneth Galbraith
  • Cited by 8
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    • Publisher:
      Cambridge University Press
      Publication date:
      10 January 2011
      11 November 2010
      ISBN:
      9780511778094
      9780521518765
      9781107404489
      DOI:
      https://doi.org/10.1017/CBO9780511778094
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.9kg, 498 Pages
      Dimensions:
      (229 x 152 mm)
      Weight & Pages:
      0.73kg, 498 Pages
      • Subjects:
      Economics, Economic Thought, Philosophy and Methodology
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    Subjects:
    Economics, Economic Thought, Philosophy and Methodology
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    Book description

    The recent financial crisis has once again seen John Kenneth Galbraith return to the bestseller lists. Yet, despite the continued popular success of his works, Galbraith's contribution to economic theory is rarely recognized by today's economists. This book redresses the balance by providing an introductory and sympathetic discussion of Galbraith's theoretical contributions, introducing the reader to his economics and his broader vision of the economic process. The book highlights and explains key features of Galbraith's economic thought, including his penetrating critique of society, his distinctive methodology, his specific brand of Keynesianism and his original - but largely ignored - contribution to the theory of the firm. It also presents, for the first time, a detailed examination of Galbraith's monetary economics and revisits his analysis of financial euphoria. This unique work seeks to rehabilitate Galbraith's contribution, setting out several directions for possible future research in the Galbraithian tradition.

    Reviews

    '… this book can be recommended to anyone interested in the intersection between economic thought and social engagement.'

    Cameron M. Weber Source: Journal of the History of Economic Thought

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