"The general educated—the public that watches McNeil/Lehrer or read The New Yorker—thinks of Galbraith as an important economic thinker. Although Galbraith is a Harvard economics professor, however, he has never been taken seriously by his academic colleagues, who regard him as more of a “media personality”. The contrast between public and professional perception became particularly acute in 1967, when Galbraith made a grand statement of his ideas about economics in The New Industrial State, a book that he hoped would come to be regarded as being in the same league as John Maynard Keynes’s General Theory or even Adam Smith’s Wealth of Nations. The book was rapturously reviewed in the popular press, but it met with indifference from the academics. Galbraith’s book wasn’t what they considered real economic theory. Not incidentally, the academics were right in believing that The New Industrial State could be safely ignored."
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Academics from the United StatesAcademics from CanadaEconomists from CanadaUnited States Ambassadors to IndiaEconomists from the United States
Original Language: English
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Sources
Paul Krugman, Peddling Prosperity (1994), Introduction: Looking for Magicians
https://en.wikiquote.org/wiki/John_Kenneth_Galbraith
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John Kenneth Galbraith
1908 – 2006
kanadisch-amerikanischer Ökonom
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