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This work examines the economist John Kenneth Galbraith through the unique lense of political theory. Waligorski illustrates the continuing link between politics and economics in American political discourse by locating Galbraith in a framework of liberal and conservative theory, controversy, alternatives, and policy. By analyzing Galbraith's complex arguments, Waligorski addresses important issues about the content and nature of American political thought and policy in the twentieth century.
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John Kenneth Galbraith's classic study of the Wall Street Crash of 1929.
Acclaim for the first edition: ÔThis easy-to-read collection . . . tells the whole story. Filled with short, well-written pieces, the encyclopedia covers the names and ideas that preceded Keynes, that carried his work to the center of the profession, and that eventually supplanted him there . . . There are excellent and unexpected articles on the Austrian school, the Lausanne school, and the Ricardo effect. There are well-done pieces on all the basic theoretical models at the heart of Keynesianism . . . [the] volume has been well put together. The editors deserve special praise for letting each contributor tell his own story. Those who oppose KeynesÕs ideas are just as well represented as ...