“John Kenneth Galbraith”.
He was a U.S economist, public official and diplomat, and a leading proponent of the 20th-century American liberalism. His books on economic topics were bestsellers from 1950’s through 2000’s, during which time Galbraith fulfilled the role of public intellectual. In macro-economical terms he was intitutionalist.
He was America’s most famous economist for good reason. A witty commentator on America’s political follies and a versatile author of bestselling books that warn prophetically of the dangers of deregulated markets, corporate greed, and inattention to the costs of our military power including the “THE NEW INDUSTRIAL STATE”. Galbraith always made economics relevant to the crises of the day. Galbraith was born on October 15, 1908 and was raised on a small Canadian farm. He began to teach at Harvard in his twenties. He was a long-time Harvard faculty member and as a professor of economics stayed with Harvard University for half a century since 1934. In 1938 he left to work in New Deal Washington. Following his years as a writer at fortune, where he did much to introduce the work of John Maynard Keynes to a wide audience. He returned to Harvard in 1949 and began writing the books that would make him famous. He was a prolific author and wrote four dozen books, including several novels and published over a thousand articles and essays on various subjects. Among his famous works were popular trilogy on economics. (American Capitalism 1952), (The Affluent Society 1958), and (The Industrialized State 1967). Galbraith was also active in Democratic Party politics, serving in the administrations of Franklin D. Roosevelt, Harry S. Truman, John F. Kennedy and Lyndon B. Johnson. He served as United States Ambassador to India under the Kennedy administration. His prodigious literary output and outspokenness made him arguably “the best-known economist in the world during his lifetime. Galbraith was one of few