“[A] charming memoir [that] serves to remind us that idealism and trust once existed in the White House and Washington, a fact that may seem unbelievable” (Newsday). A New York Times Notable Book “Names? You want names? No one knows better ones than John Kenneth Galbraith,” says the San Diego Union-Tribune. Name-Dropping covers the long and remarkable career of this economist and former ambassador, charting sixty-five years of politics, government, and American history as he writes of the many people he has known—among them Franklin and Eleanor Roosevelt, Harry S. Truman, John F. Kennedy, Adlai Stevenson, and Jawaharlal Nehru—“with a wit, style, and elegance few can match” (Library Journal). This “mischievously and merrily unrepentant” memoir offers a rich and uniquely personal history of the twentieth century—a history the author himself helped to shape (The Boston Globe). “Shrewd, irreverent, penetrating, and hilarious.” —Arthur M. Schlesinger Jr. “It is not usual for a man past his 90th birthday to write a book that is as fresh and lively as the work of a 30-year-old. But John Kenneth Galbraith is not a usual man, and he has done it.” —The New York Times
“Graceful and often witty” insights from the legendary economist, drawn from his most influential works (Library Journal). The Essential Galbraith includes key selections from the most important works of John Kenneth Galbraith, one of the most distinguished writers of our time—from The Affluent Society, the groundbreaking book in which he coined the term “conventional wisdom,” to The Great Crash, an unsurpassed account of the events that triggered America’s worst economic crisis. Galbraith’s new introductions place the works in their historical moment and make clear their enduring relevance for the new century. The Essential Galbraith will delight old admirers and introduce one of our most beloved writers to a new generation of readers. It is also an indispensable resource for scholars and students of economics, history, and politics, offering unparalleled access to the seminal writings of an extraordinary thinker.
This biting satire of academia and high finance by the Harvard economist “is ingenious and humorous even as it chills and cuts close to the bone” (The New York Times). John Kenneth Galbraith served in the Kennedy administration before becoming one of the twentieth century’s foremost economists and public intellectuals. In A Tenured Professor, he spins his wealth of knowledge—and knowledge of wealth—into a delightfully comical morality tale. Montgomery Martin, a Harvard economics professor, creates a stock forecasting model which makes it possible for him to uncover society's hidden agendas. Seeking proof that human folly has no limit when motivated by greed, Martin sets off a mass hysteria that causes investors to believe—despite the lessons of history and physics—that up is the only direction.
The legendary economist explains how a nation can remain both compassionate and fiscally sound, with “common sense raised to the level of genius” (The New Yorker). This compact, eloquent book offers a blueprint for a workable national agenda that allows for human weakness without compromising a humane culture. Arguing that it is in the best interest of the United States to avoid excessive wealth and income inequality, and to safeguard the well-being of its citizens, he explores how the goal of a good society can be achieved in an economically feasible way. Touching on topics from regulation, inflation, and deficits to education, the environment, bureaucracy, and the military, Galbraith avoids purely partisan or rigid ideological politics—instead addressing practical problems with logic and well-thought-out principles. “Carefully reasoned . . . the pragmatically liberal Galbraith [argues] that both socialism and complete surrender to market forces are irrelevant as guides to public action.” —Publishers Weekly
This book examines the life and works of John Kenneth Galbraith and demonstrates how his non-conventional approach to economics is critical to understanding the trouble that currently exists within economics and economic policies. With new perspectives on his work, this book proposes new answers to the economic challenges both industrialized and developing economies are facing.
Galbraith takes on fellow economists with a novel about a tenured Harvard professor whose "Index of Irrational Expectations" brings him scads of money via pessimistic stock-market investments. With his feminist-economist wife and his partner, Montgomery Marvin funnels his riches back into the economy to do good. The couple work for peace and fiscal equality, starting with divesting Harvard of its prickly South African investments. Soon they are purchasing corporations, sponsoring female chief executive officers, and dismantling the lobbying traditions of Congress by counter-equalizing contributions. With his investment tactics well within the law and intended to combat the forces of evil, Marvin seems difficult to stop, though the Feds find a way
John Kenneth Galbraith has long been at the center of American economics, in key positions of responsibility during the New Deal, World War II, and since, guiding policy and debate. His trenchant new book distills this lifetime of experience in the public and private sectors; it is a scathing critique of matters as they stand today. Sounding the alarm about the increasing gap between reality and "conventional wisdom" -- a phrase he coined -- Galbraith tells, along with much else, how we have reached a point where the private sector has unprecedented control over the public sector. We have given ourselves over to self-serving belief and "contrived nonsense" or, more simply, fraud. This has come at the expense of the economy, effective government, and the business world. Particularly noted is the central power of the corporation and the shift in authority from shareholders and board members to management. In an intense exercise of fraud, the pretense of shareholder power is still maintained, even with the immediate participants. In fact, because of the scale and complexity of the modern corporation, decisive power must go to management. From management and its own inevitable self-interest, power extends deeply into government -- the so-called public sector. This is particularly and dangerously the case in such matters as military policy, the environment, and, needless to say, taxation. Nevertheless, there remains the firm reference to the public sector. How can fraud be innocent? In his inimitable style, Galbraith offers the answer. His taut, wry, and severe comment is essential reading for everyone who cares about America's future. This book is especially relevant in an election year, but it deeply concerns the much longer future.
The world has become increasingly separated into the haves and have-nots. In The Culture of Contentment, renowned economist John Kenneth Galbraith shows how a contented class—not the privileged few but the socially and economically advantaged majority—defend their comfortable status at a cost. Middle-class voting against regulation and increased taxation that would remedy pressing social ills has created a culture of immediate gratification, leading to complacency and hampering long-term progress. Only economic disaster, military action, or the eruption of an angry underclass seem capable of changing the status quo. A groundbreaking critique, The Culture of Contentment shows how the complacent majority captures the political process and determines economic policy.
In an early letter, Galbraith mentions his "ambition to be the most reticent adviser in modern political history." But as a respected intellectual and author of the celebrated The Affluent Society, he was not to be positioned so lightly, and his letters are replete with valuable advice about economics, public policy, and the federal bureaucracy.
From its founding in the aftermath of World War II, the Central Intelligence Agency has been discovered in the midst of some of the most crucial-and most embarrassing-episodes in United States relations with the world. Safe for Democracy for the first time places the story of the CIA's covert operations squarely in the context of America's global quest for democratic values and institutions. National security historian John Prados offers a comprehensive history of the CIA's secret wars that is as close to a definitive account as is possible today.
A new edition of J. C. Holt's classic study of Magna Carta, offering the most authoritative analysis of England's most famous constitutional text. Suitable for scholars, history students, and the general reader, this outstanding study of the events of 1215 integrates analysis of personality, ideas, and political development.
In March of 1959, a 23-year-old Tibetan youth named Tenzin Gyatso burst onto the world stage. Fleeing his native country to govern in exile from India, the Dalai Lama would go on to become one of the great leaders of our time. Then, in March 2008, the diplomat, icon, and winner of the 1989 Nobel Peace Prize was blamed for inciting violence in Tibet’s traditional capital of Lhasa. As 2009 marks the 50th anniversary of the Dalai Lama’s rule in exile, the situation in Tibet has become more volatile than ever. Now, China must decide if it will give Tibet the right to govern itself and what the consequences will be for its economy and its place on the world stage. Freeing Tibet is the incredible, heroic story of Tibet’s arduous struggle to keep freedom alive. From the national uprising in 1959, which cost more than 85,000 Tibetans their lives, to the rise of the Tibetan freedom fighters; the aftereffects of Nixon’s historic visit to China, and preparations for the Dalai Lama’s successor, this seminal history offers an insider’s view of the 50-year struggle for autonomy. As a former Reagan White House political strategist, author John B. Roberts has had unprecedented access to the Dalai Lama’s inner circle. Based on interviews with CIA and political insiders, this epic story gives readers a new understanding of a conflict that continues to fascinate the world. Timely, impeccably researched, and hopeful, this is the book that will change the way we understand Tibet.
How has Singapore's environment and location in a zone of extraordinary biodiversity influenced the economic, political, social, and intellectual history of the island since the early 19th century? What are the antecedents to Singapore's image of itself as a City in a Garden? Grounding the story of Singapore within an understanding of its environment opens the way to an account of the past that is more than a story of trade, immigration, and nation-building. Each of the chapters in this volume focusing on topics ranging from tigers and plantations to trade in exotic animals and the greening of the city, and written by botanists, historians, anthropologists, and naturalists examines how humans have interacted with and understood the natural environment on a small island in Southeast Asia over the past 200 years, and conversely how this environment has influenced humans. Between the chapters are travelers' accounts and primary documents that provide eyewitness descriptions of the events examined in the text. In this regard, Nature Contained: Environmental Histories of Singapore provides new insights into the Singaporean past, and reflects much of the diversity, and dynamism, of environmental history globally.
Consumer capitalism arose with the second industrial revolution, the application of continuous-mass production to consumer goods during the late nineteenth and early twentieth centuries. This book adopts a Veblenian, Keynesian viewpoint, presenting an evolutionary view of consumption combined with the need to increase demand to match increases in production. The book traces the history of consumer capitalism, examining the paradox posed by applying continuous-mass production to produce armaments for dynastic ambitions versus consumer goods for the masses, manifesting itself in the world wars of the twentieth century. Multiple paradoxes at the heart of the story address booms leading to busts, over-producing countries in Asia relying on over-consuming countries in the West, and the expansion of demand depending on increasingly inventive ways of liquefying assets, in light of stagnant incomes. The book persuasively argues that these paradoxes result from capitalism’s incessant drive to accumulate capital, fostering conflict, crises, and depression. The latest paradox results from the impact of continuous-mass production on the environment, manifesting itself as the Darwinian dilemma. The dilemma stems from human beings largely winning the struggle for existence and, in the process, possibly making the earth uninhabitable, at least for humans.
Revisiting Guy Debord's seminal work, The Society of the Spectacle (1967), Eric-John Russell breathes new life into a text which directly preceded and informed the revolutionary fervour of May 1968. Deepening the analysis between Debord and Marx by revealing the centrality of Hegel's speculative logic to both, he traces Debord's intellectual debt to Hegel in a way that treads new ground for critical theory. Drawing extensively from The Phenomenology of Spirit (1807) and Science of Logic (1812), this book illustrates the lasting impact of Debord's critical theory of 20th-century capitalism and reveals new possibilities for the critique of capitalism.
In the course of this book it is argued that the loss of what is essentially "macro" in Keynes is the result of a preference for a form of equilibrium analysis that gives unqualified support to the ideology of free markets. In the case of Marx, his theory of exploitation and from this the stress on class struggle, led to an almost complete neglect of his contribution to the analysis of the aggregate demand and supply of commodities.
Readers everywhere know that nothing soothes the spirit like sinking into a really good book. If you're one of that happy band, you'll quickly recognize the authors of this inspired reading guide as kindred spirits. Here David and John Major have chosen one hundred books that can each be delightfully consumed in one quiet evening. Covering categories from fantasy to fiction, history to humor, mystery to memoir, this addictive volume features books to match all your moods—by both celebrated writers and gifted unknowns, including: • Russell Baker • Willa Cather • Raymond Chandler • F. Scott Fitzgerald • Graham Greene • Edith Hamilton • Dashiell Hammett • Helene Hanff • Ernest Hemingway • Patricia Highsmith • Shirley Jackson • Henry James • W. Somerset Maugham • Mary McCarthy • Walter Mosley • Vladimir Nabokov • Patrick O'Brian • Barbara Pym • Phillip Roth • Vikram Seth • Isaac Bashevis Singer • C. P. Snow • Dylan Thomas • Evelyn Waugh • Edith Wharton • Laura Ingalls Wilder • Virginia Woolf Each selection contains an entertaining discussion of what makes the book special, from an adventurous writing style to a unique sense of humor. The Majors also share insights about the authors and literary anecdotes, as well as recommend other gems on a similar subject or by the same author. A literary companion to relish and refer to again and again, 100 One-Night Reads is a masterpiece in its own right!
The process of producing goods and services is relatively easy to recognize as socially beneficial. But television ads? Telemarketers? Jingles? Junk mail? It is popular to view these commercial activities as inherently wasteful or manipulative, marginally informative or entertaining, at best. In Selling the Dream, John Hood takes the provocative stand that advertising images and sales pitches are actually part of the goods and services themselves, delivering an essential component of the consumer's experience. As such, they are inextricably linked to the basic tenets of the free-market system, and, in the boldest of terms, Hood argues that commercial communication is morally consistent with the principles of our democratic society, including freedom of choice, competition, and innovation. Tracing the history of advertising from Ancient Roman times to the present, he offers a colorful account of advertising in its cultural context and addresses such controversial issues as the promotion of harmful and immoral products (such as alcohol and tobacco), marketing to children, the role of advertising in service industries such as health care and education, and the impact of the Internet and other new media on the conduct of commerce. In the process, he offers a compelling perspective on advertising and its essential role in business, communication, and popular culture.
Fired by Stanford and the University of Chicago but recommended by his peers to the presidency of the American Economic Association, Thorstein Veblen remains a baffling figure in American intellectual history. In part because he was an eccentric who shunned publicity, he has also been one of our most neglected. Veblen is known to the general public only as coiner of the term "conspicuous consumption," and to scholars primarily as one of many social critics of the reform-minded Progressive Era. This important critical biography--originally published as The Bard of Savagery and now appearing in paperback for the first time--attempts both to unravel the riddles that surround his reputation and to assess his varied and important contributions to modern social theory.
Formerly a top operational manager with multinational organizations, John Harte applies his hands-on knowledge of the business world to provide a realistic examination of workplace and marketplace conditions. In place of reasoned management and disciplined organization, Harte depicts daily distractions, disorder, vagueness, and confusion. Instead of the logical processes described in classroom case histories with rational solutions, he provides tales of an abundance of irrational judgments, personal foibles, and business follies. Harte has witnessed the demise of many companies--some of which, in his opinion, could have been saved. With over thirty years' experience to draw on, he analyzes why so many businesses and products fail, when others succeed. He examines the amazing progress of Japan and other Pacific Asian countries; explains the decline of German, Canadian, British, and French management practices; and provides strategies for top management and the marketplace. The business sectors described in this all-encompassing book include: high-technology; fast-moving packaged consumer goods; manufacturing and retailing consumer durables soft goods; fashion products; service sector industries; manufacturing, wholesaling, and retail trade; and a whole range of new service industries. His unusually tough-minded view will benefit business entrepreneurs, managers, and executives, as well as those interested in the study of business and marketing.
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