“Evangelical Keynesian” John Kenneth Galbraith, 97
Posted: Monday, May 1st, 2006 3:54 pm
John Kenneth Galbraith, an influential liberal economist and author of “The Affluent Society,” has died at age 97.
Galbraith, a professor emeritus at Harvard University, died on Saturday at a hospital in Cambridge, Massachusetts.
His most famous work, 1958’s “The Affluent Society,” became a bestseller. In it he argued that the United States had become rich in consumer goods but poor in social services. …
The Canadian-born economist, one of the towering economic thinkers of the century, often found himself at odds with the mainstream ideas of the day but delighted in his stubborn defense of principle.
An early opponent of the Vietnam War and outspoken critic of supply-side economics which dominated the 1980s, Galbraith taught for more than a half a century at Harvard where few colleagues — with the marked exception of Henry Kissinger — had as much influence on American policy. … Read full obituary
