John Kenneth Galbraith

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John Kenneth Galbraith

7th United States Ambassador to India
In office
April 18, 1961 – July 12, 1963
PresidentJohn F. Kennedy
Preceded byEllsworth Bunker
Succeeded byChester Bowles
Personal details
Born(1908-10-15)October 15, 1908
Iona Station, Ontario, Canada
DiedApril 29, 2006(2006-04-29) (aged 97)
Cambridge, Massachusetts, U.S.
Children4 including Peter & James
Academic career
Alma mater
InfluencesThorstein Veblen, Adam Smith, Karl Marx, John Maynard Keynes, Michał Kalecki, Gardiner Means, Adolf A. Berle
ContributionsCountervailing power, Technostructure, Conventional wisdom
AwardsLomonosov Gold Medal (1993)
Officer of the Order of Canada (1997)
Presidential Medal of Freedom (2000)

John Kenneth Galbraith[a] OC (October 15, 1908 – April 29, 2006), also known as Ken Galbraith, was a Canadian-American economist, diplomat, public official and intellectual. He supported liberalism and post-Keynesian economics.[2][3]

Galbraith was a long-time Harvard faculty member.[4]

A Democrat, he worked under the administrations of Franklin D. Roosevelt, Harry S. Truman, John F. Kennedy, and Lyndon B. Johnson. He was United States Ambassador to India under the Kennedy administration.[5][6]

Galbraith died of natural causes at a hospital in Cambridge, Massachusetts on April 29, 2006 at the age of 97.[6]

Notes[change | change source]

References[change | change source]

  1. Stiglitz, Joseph E. (December 28, 2006) "John Kenneth Galbraith understood capitalism as lived – not as theorized". The Christian Science Monitor.
  2. Keller, Robert R. (1983). "Keynesian and Institutional Economics: Compatibility and Complementarity?". Journal of Economic Issues. 17 (4): 1087–95. doi:10.1080/00213624.1983.11504189. JSTOR 4225383.
  3. Davidson, Paul (2005). "Galbraith and the Post Keynesians". Journal of Post Keynesian Economics. 28 (1): 103–13. JSTOR 4225383.
  4. Marglin, Stephen A.; Parker, Richard; Sen, Amartya; Friedman, Benjamin M. (February 7, 2008). "John Kenneth Galbraith". Harvard Gazette. Retrieved July 2, 2013.
  5. "John Kenneth Galbraith". The Economist. May 4, 2006. Retrieved July 3, 2013.
  6. 6.0 6.1 "John Kenneth Galbraith, Longtime Economics Professor, Dies at 97". Harvard Crimson. April 2006. Retrieved July 3, 2013.