JOHN KENNETH GALBRAITH

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by Eshansharma
Last updated 3 years ago

Discipline:
Social Studies
Subject:
Economics
Grade:
12

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JOHN KENNETH GALBRAITH

His economic theory (Social Balance)criticized government economic policies that did not pay enough attention to public services but rather let them diminish and in turn let the private sector prosper whilst the public sector struggled. John Galbraith, through his liberalistic ideals believed that there should be greater government involvement and regulation, as it would help improve society.

Education-Bachelor of science in agricultural economics (U of T)-Masters of Science and Ph.D in agricultural economics (California Berkely)

Quotes1. "War remains the decisive human failure."2. "The only function of economic forecasting is to make astrology look respectable."3. "Economics is extremely useful as a form of employment for economists."

John Kenneth Galbraith

ClassicalMusic

John Kenneth Galbraith was a Canadian and, later, american economist, public official, and diplomat, and a proponent of 20th-century Liberalism.

Activities

John Kenneth Galbraith was an extemely accomplished editor for Fortune magazine. He also served as the president of the American Economics Association.

Economic Theory

Timeline

Citations:

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1931-Gratudated U of T1934-Earned doctorate at University of California Berkeley 1939-Taught econ at Harvard and Princeton1941-Worked in federal office of price administration1948-Editor of Fortune Magazine1949-Professor of economics at Harvard1961-Appointed United states ambassador to India1972-Served as president to American Economics Association

PublishedOver31 Novels

Agriculture


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