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Article: Galbraith: an appreciation.(John Kenneth Galbraith: His Life, His Politics, His Economics)(Book Review)
- Article from:
- The Nation
- Article date:
- March 14, 2005
- Author:
CopyrightCOPYRIGHT 2005 The Nation Company L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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John Kenneth Galbraith was famous long ago as America's most widely read economist, until his expansive understanding of economic liberalism was pushed aside by political events and conservative ideology. Galbraith is still alive, however, and at 96 still writing provocative books (his latest, The Economics of Innocent Fraud, was a bestseller last year in Britain). Let's hope the professor is around long enough to enjoy a Galbraith revival. His books, I feel certain, are going to come back in vogue. When the right's rigid ideology falters and breaks down, sooner perhaps than people imagine, Americans will need an explanation for what went wrong. They can read Galbraith.
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