John Kenneth Galbraith

Now in paperback, Galbraith's eyewitness account of the economic trends, watersheds, and foibles of our time is one of his most popular and accessible books yet, translated into a dozen languages. From World War I and the Russian Revolution to the implications of communism's fall, from the "superbly insane decade of …

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 …