Reslegal V02 1..4
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Galb2001.Pdf
the essential Galbraith k John Kenneth Galbraith selected and edited by Andrea D. Williams A Mariner Original houghton mifflin company boston • new york 2001 books by john kenneth galbraith [a partial listing] American Capitalism: The Concept of Countervailing Power The Great Crash, 1929 The Affluent Society The Scotch The New Industrial State The Triumph Ambassador’s Journal Economics, Peace and Laughter Economics and the Public Purpose Money: Whence It Came, Where It Went The Age of Uncertainty Annals of an Abiding Liberal A Life in Our Times The Anatomy of Power A View from the Stands Economics in Perspective: A Critical History A Tenured Professor The Culture of Contentment A Journey Through Economic Time: A Firsthand View A Short History of Financial Euphoria The Good Society: The Humane Agenda Name-Dropping: From F.D.R. On The Essential Galbraith contents Preface vii Introduction ix Countervailing Power 1 from American Capitalism The Concept of the Conventional Wisdom 18 from The Affluent Society The Myth of Consumer Sovereignty 31 from The Affluent Society The Case for Social Balance 40 from The Affluent Society The Imperatives of Technology 55 from The New Industrial State The Technostructure 66 from The New Industrial State The General Theory of Motivation 79 from The New Industrial State Economics and the Quality of Life 90 from Economics, Peace and Laughter vi C0ntents The Proper Purpose of Economic Development 109 from Economics, Peace and Laughter The Valid Image of the Modern Economy 118 from Annals of an Abiding Liberal Power -
James Kenneth Galbraith [email protected] Curriculum Vitae
James Kenneth Galbraith [email protected] Curriculum Vitae Current Position: Lloyd M. Bentsen, Jr. Chair in Government/ Business Relations, Lyndon B. Johnson School of Public Affairs, and Professor of Government, The University of Texas at Austin. Experience: Chair, LBJ School Budget Council, 2002-2004. Director, Ph.D. program in Public Policy, 1995-1997; Professor, LBJ School of Public Affairs, 1990-2002, Associate Professor, 1986 - 1990; Visiting Associate 1985-86. Visiting Scholar, The Brookings Institution, 1985. Executive Director, Joint Economic Committee, Congress of the United States, 1981 - 1982; Deputy Director, 1983 - 1984. Economist, Committee on Banking, Finance and Urban Affairs, United States House of Representatives, 1975-76 and 1977-80. Lecturer, Department of Economics, University of Maryland, 1979-1980. Teaching Subjects: Inequality and Development; International Economics; Technical Change and Financial Crisis; Economics for Policy; History of Economic Thought. Research Fields: Inequality; Economic policy. Degrees: Почетного доктора наук, Plekhanov Russian University of Economics, 2017 Docteur Honoris Causa, Université Pierre Mendes-France, October 2010 Ph.D., Yale University, May 1981 M. Phil., Yale University, May 1978 M.A., Yale University, December 1977 A.B., Magna Cum Laude, Harvard University, June 1974. Academy: Socio Straniero dell’Accademia dei Lincei - Classe di Scienze Morali, Storiche e Filologiche (Categoria VII - Scienze Sociali e Politiche). Elected 2010. Awards: GPAC Faculty Awards: Best Taught Class, 2020. GPAC Faculty Awards: Best Course to Challenge Your Assumptions, 2020. GPAC Faculty Awards: Best Transition Online, 2020. Veblen-Commons Award, Association for Evolutionary Economics, 2020. Почетного профессора, Urals State University of Economics, 2018. Trustee, Economists for Peace and Security, Elected 2017. -
Rethinking Capitalist Development: Essays on the Economics of Josef Steindl
Rethinking Capitalist Development This volume horrors the work of the late Josef Steindl (1912-1993). The chapters offer a critical examination of the major themes of Steindl's economics along with an appraisal of their relevance to the economic conditions of our times. The book thus centers on the particular connections which Steindl identified between the process of competition and the problem of macroeconomic stagnation. Rethinking Capitalist Development discusses topics such as how Steindl's theory of microeconomic concentration and macroeconomic stagnation might be modified or extended to become even more thorough in its internal structure or in its applic ability to historical phenomena. The question of how to take innovations and new products more adequately into account within Steindl's framework is explored. Several of the chapters wrestle with both the formal and historical expositions of Steindl's theory, including consideration of the development of alternative mathematical models in which to present the dynamics of the macroeconomy and comparisons with or suggestions for alternative frameworks to capture historical developments in twentieth-century capitalism. The volume concludes with a posthumous contribution by Steindl himself, which addresses many of the major themes of the preceding chapters. The Editors: Tracy Mott is Associate Professor of Economics at the University of Denver, Colorado. He is the author of Kalecki's Principle of Increasing Risk and Keynesian Economics, forthcoming from Routledge. He has written entries on Josef Steindl in The Elgar Companion to Institutional and Evolutionary Economics and Business Cycles and Depressions: An Encyclopedia. Nina Shapiro is Professor of Economics at Saint Peter's College, New Jersey. -
Capitalist Revolutionary: John Maynard Keynes
capitalist revolutionary CAPITALIST REVOLUTIONARY JOHN MAYNARD KEYNES Roger E. Back house Bradley W. Bateman HARVARD UNIVERSITY PRESS Cambridge, Massachusetts London, England 2011 Copyright © 2011 by the President and Fellows of Harvard College All rights reserved Printed in the United States of America Library of Congress Cataloging- in- Publication Data Back house, Roger, 1951– Capitalist revolutionary : John Maynard Keynes / Roger E. Backhouse, Bradley W. Bateman. p. cm. Includes bibliographical references and index. ISBN 978- 0- 674- 05775- 3 (alk. paper) 1. Keynes, John Maynard, 1883–1946. 2. Keynesian economics. I. Bateman, Bradley W., 1956– II. Title. HB103.K47B25 2011 330.15'6092—dc22 2011010437 To our families, past, present, and future CONTENTS 1. Keynes Returns, but Which Keynes? 1 2. The Rise and Fall of Keynesian Economics 21 3. Keynes the Moral Phi los o pher: Confronting the Challenges to Capitalism 47 4. Keynes the Physician: Developing a Theory of a Capitalist Economy 77 5. Keynes’s Ambiguous Revolution 113 6. Perpetual Revolution 139 Documenting the Keynesian Revolution: A Bibliographic Essay 161 Notes 175 References 179 Ac know ledg ments 187 Index 189 capitalist revolutionary 1 KEYNES RETURNS, BUT WHICH KEYNES? Following the fi nancial crisis of September 2008 when the Ameri- can investment bank Lehman Brothers collapsed, threatening to engulf the entire banking system, the British economist John Maynard Keynes returned to center stage. In the pop u lar press and in the writings of many economists, Keynes featured promi- nently as governments around the world urgently sought ways to avoid economic collapse. In the United States, the New York Times contained articles titled “What would Keynes have done?” (October 28, 2008), “The old economist, relevant amid the rub- ble” (September 18, 2009), and “An old master back in fashion” (November 1, 2009). -
John Kenneth Galbraith Alexander J
Santa Clara University Scholar Commons Economics Leavey School of Business 2013 John Kenneth Galbraith Alexander J. Field Santa Clara University, [email protected] Follow this and additional works at: https://scholarcommons.scu.edu/econ Part of the Economics Commons Recommended Citation Field, Alexander J. 2013. “John Kenneth Galbraith.” In Oxford Dictionary of National Biography. Oxford: Oxford University Press. Available online at http://www.anb.org/articles/15/15-01338.html?a=1&n=Galbraith&ia=-at&ib=-bib&d=10&ss=0&q=1 This material was originally published in Oxford Dictionary of National Biography edited by Susan Ware, and has been reproduced by permission of Oxford University Press. For permission to reuse this material, please visit http://www.oup.co.uk/academic/rights/permissions. This Book Chapter is brought to you for free and open access by the Leavey School of Business at Scholar Commons. It has been accepted for inclusion in Economics by an authorized administrator of Scholar Commons. For more information, please contact [email protected]. American National Biography Galbraith, John Kenneth (15 October 1908–29 April 2006) Alexander J. Field https://doi.org/10.1093/anb/9780198606697.article.1501338 Published online: April 2013 John Kenneth Galbraith. c. 1940-6. Photograph by Royden Dixon. Courtesy of the Library of Congress (LC-USE6-D-000368). Galbraith, John Kenneth (15 October 1908–29 April 2006), and John Kenneth Galbraith (15 October 1908–29 April 2006), economist and author, was born in Iona Station, Ontario, Canada, to Archibald Galbraith and Sarah Catherine Kendall. Galbraith, who advanced and reinterpreted institutionalist and Keynesian traditions in economics while promoting a liberal and progressive political agenda, was arguably the best-known and most influential economist and public intellectual of his generation. -
From Citizens to Consumers: the Countercultural Roots of Green Consumerism
From Citizens to Consumers: The Countercultural Roots of Green Consumerism A thesis presented to the faculty of the College of Arts and Sciences of Ohio University In partial fulfillment of the requirements for the degree Master of Arts Philip A. Wight August 2013 ©2013 Philip A. Wight. All Rights Reserved. 2 This thesis titled From Citizens to Consumers: The Countercultural Roots of Green Consumerism by PHILIP A. WIGHT has been approved for the Department of History and the College of Arts and Sciences by Kevin Mattson Connor Study Professor of Contemporary History Robert Frank Dean, College of Arts and Sciences 3 ABSTRACT WIGHT, PHILIP A., M.A. August 2013, History From Citizens to Consumers: The Countercultural Roots of Green Consumerism Director of thesis: Kevin Mattson When did American environmentalism shift from a focus on collective political action to an obsession with personal lifestyles? This thesis investigates three distinct bodies of environmental thought spanning the 1950s and the mid-1970s to answer this question. The three eco-political philosophies studied here are liberal, eco-socialist, and countercultural environmentalism. The heart of this thesis is the debate among key environmental thinkers—John Kenneth Galbraith, Stewart Brand, and Barry Commoner—concerning the role of individual consumers and the importance of public policy. This debate can be viewed as supply-side (producers) versus demand-side (consumers) environmentalism. This thesis argues America’s modern paradigm of libertarian, demand-side environmentalism and green consumerism stems from specific values, ideas, lifestyles, and worldviews representative of American counterculture of the 1960s and 1970s. In championing individual consumer choice, contemporary environmentalism has largely rejected liberal and eco-socialist prescriptions of collective political action and social democratic governance. -
A Brookings/New America Foundation Briefing the LEGACY of JOHN
1 A Brookings/New America Foundation Briefing THE LEGACY OF JOHN KENNETH GALBRAITH Monday, April 4, 2005 2:30 p.m.—4:00 p.m. Falk Auditorium The Brookings Institution 1775 Massachusetts Avenue, N.W. Washington, D.C. [TRANSCRIPT PREPARED FROM A TAPE RECORDING.] 2 P R O C E E D I N G S MR. DIONNE: I guess we'll begin in a couple of minutes if there are a couple of people in the back who need to find seats. Thank you, all, very much for coming. I just want to begin with a quotation from John Kenneth Galbraith that begins the last chapter of Richard Parker's wonderful book. Galbraith wrote: "In making economics a non-political subject, neoclassical theory destroys the relation of economics to the real world. In that world, power is decisive in what happens. And the problems of that world are increasing both in number and in the depth of their social affliction. In consequence, neoclassical and neo-Keynesian economics regulates its players to the social sidelines. They either call no plays or use the wrong ones. To change the metaphor, they manipulate levers to which no machinery is attached." A classic Galbraith line, and one of the reasons we are having this event today. I want to begin by saying thank you because at events such as this, when the discussion gets going really well, people often forget to say thank you, and there are a number of people I want to say thanks to. First, I'd like to begin by saying thanks to our friends at the New America Foundation, who are co-sponsoring this, and to my friend, Jim Fallows for joining us today for this discussion. -
John Kenneth Galbraith the Dependence Effect
CLASSIC READINGS IN ECONOMICS John Kenneth Galbraith (1908- ) In the 1960s, two economists with contrasting views were best known to the general public. One was Milton Friedman, known for his conservative or libertarian views; the other was John Kenneth Galbraith, known for his liberal views. Galbraith followed in the steps of earlier liberal economists who favored a larger government role in the economy, but his writing ability quickly led him away from technical economics into writing for the general public. This had two effects: it made him extremely well known, and it meant that his provocative ideas had little influence on the actual movement of the profession. The profession discussed his ideas, but somehow few of them became incorporated into economic thinking. He is a prolific author, and three of his most famous books are American Capitalism, The Affluent Society, and The New Industrial State. This selection, taken from The Affluent Society, discusses the “dependence effect,” an idea that parallels and further develops Veblen’s notion of “conspicuous consumption.” Specifically, Galbraith argues that the process of production creates wants and then satisfies them. Thus, it is an open question whether the production has made humankind better off, because if it had not created wants, humankind would not know what it was missing. Note that in the selection he mentions “Messrs. Batten, Barton, Durstine & Osborn.” “Messrs.” is an old-fashioned abbreviation used in front of a series of names to mean more than one Mr.— that is, a number of people all of whom individually could be called “Mr.” Galbraith’s point in mentioning these people is that Batten, Barton, Durstine & Osborn was, and still is, a prominent New York advertising agency. -
The Economic Contributions of John Kenneth Galbraith
Review of Political Economy, Volume 17, Number 2, 161–209, April 2005 The Economic Contributions of John Kenneth Galbraith STEPHEN P. DUNNÃ & STEVEN PRESSMANÃÃ ÃDepartment of Health, London, UK, ÃÃMonmouth University, West Long Branch, NJ, USA ABSTRACT Galbraith’s principal theoretical contribution is foreshadowed in American capitalism and unfolds more clearly into view in his trilogy The Affluent Society, The New Industrial State and Economics and the Public Purpose. His thesis is that the economic ideas that once explained a world of poverty have not adjusted to a world of affluence dominated by the modern corporation. His main themes are the concentration of economic power in the large corporation and the social and environmental imbalance that results from the large corporation. Galbraith attempts to tease out the implications of the uneven development of modern affluence and outlines an emancipatory case for social change. 1. Introduction The economic contributions of John Kenneth Galbraith can be viewed both nega- tively and positively. On the negative side Galbraith appears as a gadfly, highly critical of traditional approaches to understanding the way the economy works and the economic policies that are pursued. He has criticized economic theory for ignoring and obscuring the economic power accumulated by large corpor- ations. He has criticized politicians who align themselves with the objectives of the large corporation instead of acting in the public interest. In addition, he has censured his fellow economists as ‘idiot savants’ who perform sophisticated mathematical analysis but who do not seek to understand the real world. These critical efforts have sought to ‘emancipate belief’ by urging the public to question the prevailing structure of economic knowledge and to challenge the conventional wisdom. -
The New Mercantilism and the Crisis of Global Capitalism: Elements for Discussion
1 13th Conference of the Research Network Macroeconomics and Macroeconomic Policies (RNM) The World Economy in Crisis – The Return of Keynesianism? 30 – 31 October 2009 The New Mercantilism and the crisis of global capitalism: Elements for discussion Blandine LAPERCHE Dimitri UZUNIDIS Associate Professor in Economics. Professor of Economics Director of Research ULCO TUC & ULCO Research Unit on Industry and Innovation Research Unit on Industry and Innovation University of Littoral Côte d’Opale –France University of Littoral Côte d’Opale http://rii.univ-littoral.fr http://rii.univ-littoral.fr Research Network on Innovation Research Network on Innovation http://rri.univ-littoral.fr http://rri.univ-littoral.fr Address : MRSH –Lab.RII Address: MRSH - Lab.RII 21, Quai de la Citadelle 21, Quai de la Citadelle 59140 Dunkerque –France 59140 Dunkerque- France Tel: 00 33 3 28 23 71 48 Tel: 00 33 3 28 23 71 35 Fax: 00 33 3 28 23 71 10 Fax: 00 33 3 28 23 71 10 Email: [email protected] Email : [email protected] Abstract: How to understand the current crisis which is decisive at the World level? In this paper, following the thought of Joan Robinson, we first present the content of the definition of “new mercantilism”, and we then explain how these practices have helped and supported what we commonly call globalization. According to the authors, the current economic crisis can be linked with mercantilist practices. As a matter of fact, globalization, because of the internal and external barriers that capitalism had to face, has quickly been driven by finance. -
Oligopoly and Tacit Collusion at Harvard (1933-1952)
23rd Annual Conference of the European Society for the History of Economic Thought (ESHET) Banks, Money and Finance in the History of Economic Thought Lille, France Oligopoly and tacit collusion at Harvard (1933-1952): A tool of Industrial Organization to reappraise American Capitalism Alexandre CHIRAT1, Thibault GUICHERD2 Abstract: This article comes back on the development of industrial organization in Harvard. More specifically, it aims at understanding the process of the emergence of the so-called “Harvard school” which is often presented as a “spontaneous generation” of authors. Indeed, except for the place (Harvard University) and the time period (from the 1930s to the 1950s), very little has been said about a potential research agenda or a set of common and identifiable tools and concepts. This article identifies a specific subject of study that seems to unify all these authors: the development of the theory of tacit collusion in oligopoly. This latter theory was developed in 1933 by Edward Chamberlin in the scope of his theory of monopolistic competition and was gradually taken up in several contributions from the 1930s and early 1940s, all of which authors (Mason, Galbraith, Bain, de Chazeau, Triffin, Kaysen, Schumpeter) were directly linked to Harvard during the publication or the writing of their work. The creation of the NRA in 1934 strengthens interest in the phenomenon. The possibility of tacit collusion in oligopoly then allows the authors to better grasp competitive mechanisms and obvious price rigidity. Simultaneously, these authors encountered a range of theoretical problems (such as the differentiated oligopoly, the notion of large group, the meaning of the concept of price rigidity, the hypothesis of rationality or behavior to be retained) that need to be solved and which guide the research of this community. -
Press Release for the Essential Galbraith Published by Houghton
Press Release The Essential Galbraith by John Kenneth Galbraith • Introduction • Also by John Kenneth Galbraith • Select reviews of Name-Dropping Selections from the Writings of the Economist of the Century Introduction John Kenneth Galbraith is a legend. His writing, interpreting the nature of economic life, has defined a century that encompassed profound changes in technology, communications, and business. The Essential Galbraith celebrates his contribution to our economic and cultural life by making available in one volume some of his most notable writing. In this volume you will find such seminal essays as "The Myth of Consumer Sovereignty," "The Technostructure," and "The Crash." For all twenty-one essays and excerpts, Mr. Galbraith has written a new introduction that helps place them in proper context and link them into a unified whole. The result is a fitting summation and a tribute to a rare intellectual life. The hallmark of this collection, and Galbraith's entire life's work, is his insistence that an economy be judged by the effect it has on the quality of life of current and future generations. Houghton Mifflin Company is also pleased to be able to re-release two works by Galbraith in companion trade paperback editions. Name-Dropping: From FDR On was chosen as a New York Times Notable Book. Drawing on a lifetime www.houghtonmifflinbooks.com 1 of 4 Copyright (c) 2003, Houghton Mifflin Company, All Rights Reserved of access to many of the greatest public figures, Galbraith creates a rich and uniquely personal history of the century — a history he helped to shape. We are invited to hear FDR on the Great Depression and World War II; Albert Speer, the Third Reich's architect and armaments minister, on the boorishness and incompetence of the Nazi leadership; John F.