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Despite the continued popular success of his works, John Kenneth 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.
An examination of the stock market crash of 1929.
This biting satire of academia and high finance by the Harvard economist “is ingenious and humorous even as it chills and cuts close to the bone” (The New York Times). John Kenneth Galbraith served in the Kennedy administration before becoming one of the twentieth century’s foremost economists and public intellectuals. In A Tenured Professor, he spins his wealth of knowledge—and knowledge of wealth—into a delightfully comical morality tale. Montgomery Martin, a Harvard economics professor, creates a stock forecasting model which makes it possible for him to uncover society's hidden agendas. Seeking proof that human folly has no limit when motivated by greed, Martin sets off a mass hysteria that causes investors to believe—despite the lessons of history and physics—that up is the only direction.