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Galbraith, John Kenneth

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Encyclopedia of Law and Economics

Abstract

John Kenneth Galbraith was an original institutionalist and post-Keynesian economist. He is famous for having formed an unconventional view of American Capitalism in his postwar trilogy (American capitalism. Houghton Mifflin, Boston, 1952b; The affluent society. Houghton Mifflin, Boston, 1958; The new industrial state. Houghton Mifflin, Boston, 1967). His socioeconomic analysis deals with subjects such as the theory of the firm, managerial revolution, public spending, consumption theory, price control (A theory of price control. Harvard University Press, Cambridge, MA, 1952a), financial crises (The great crash. Houghton Mifflin, Boston, 1955), power relationships (Anatomy of power. Houghton Mifflin, Boston, 1983), and the dynamics of capitalist institutions more generally.

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References

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Chirat, A. (2021). Galbraith, John Kenneth. In: Marciano, A., Ramello, G.B. (eds) Encyclopedia of Law and Economics. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-7883-6_737-2

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  • DOI: https://doi.org/10.1007/978-1-4614-7883-6_737-2

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  • Print ISBN: 978-1-4614-7883-6

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Chapter history

  1. Latest

    Galbraith, John Kenneth
    Published:
    23 March 2021

    DOI: https://doi.org/10.1007/978-1-4614-7883-6_737-2

  2. Original

    Galbraith, John Kenneth
    Published:
    20 November 2017

    DOI: https://doi.org/10.1007/978-1-4614-7883-6_737-1