A Journey Through Economic Time: A Firsthand View
Author | : | |
Rating | : | 4.22 (577 Votes) |
Asin | : | 0395741750 |
Format Type | : | paperback |
Number of Pages | : | 255 Pages |
Publish Date | : | 2014-03-01 |
Language | : | English |
DESCRIPTION:
Whether he is analyzing Keynesian theory or the end of colonialism, the forging of Kennedy's New Frontier, or the "unintended history of the 1980s," this master narrator epitomizes the hindsight and the vision of one who actively influenced many of the events so colorfully chronicled here.. 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 the twenties" and the Great Depression to the Reagan era and beyond, the renowned economist here exhibits unm
"Top Notch book on economic history" according to Gary A. De Santis. EAxcellent explnation od major economic theoried. "As history, it makes sense. Mainly frightful!" according to epic phlegm Hooha. I like the early parts of this book best. John Kenneth Galbraith has been an economist with first-hand experience in a lot of areas: Canadian Scotch farmers, the big stock market crash, wage and price controls, post-war economic assessment of strategic bombing, post-war aid, Keynesian stimulation of economic demand, the political views of businessmen, but people who read this book are most likely to notice how fond he is of economic programs which benefit the less fortunate at the expense of those who are most comfortable w. Harvard must be capable of producing better than this The journey through economic times does not begin with the beginning of recorded history, but in the late middle ages. JKG then fastforwards over the next 8 pages to WW1. For the first half of half of the rest of the book JKG indecisively meanders between a left leaning history, mostly of the US, and his own personal experiences in government jobs and at various schools. By the second half of the book he has apparently made up his mind it is to be a story about the underprivileged and their holier than thou defenders, most
Galbraith draws lessons broadly applicable to the present, tapping his experience as New Deal reformer, price control manager of the wartime economy and adviser to JFK and Lyndon Johnson. . Characterizing U.S. On the domestic front, he suggests that concerted government action, job creation and public investment are necessary to end the "war between the comfortable and the underclass." Copyright 1994 Reed Business Information, Inc. Calling both capitalism and socialism "supremely irrelevant" to the early economic development in Third World countries, he advocates an end to the arms trade and a redirection of resources. economic policy after 1945 as a mix of compassion, idealism and paranoiac fear of communism, the renowned Harvard professor emeritus argues that the European powers and America shed their colonial possessions because colonies no longer conferred a major economic advan