John Kenneth Galbraith

American Capitalism - The Concept of Countervailing Power is a book by John Kenneth Galbraith, written in 1952. Not as well known as some of his other works, it contains a critique of the view that markets, left to their own devices, will provide socially optimal solutions. Galbraith agrees with F. A. Hayek as far as …

A Tenured Professor is a satirical novel by Canadian/American economist and Professor Emeritus at Harvard, John Kenneth Galbraith, about a liberal university teacher who sets out to change American society by making money and then using it for the public good. Set at Harvard mainly during the Reagan administration, …