Word: economisters
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...DIED. John Kenneth Galbraith, 97, best-selling Harvard economist and unabashed liberal who spent his career fighting "conventional wisdom," a phrase he coined in 1958; in Cambridge, Massachusetts. At 203 cm tall, he was-quite literally-a big thinker. In his examination of the intertwining of economics and politics, he once termed America a "democracy of the fortunate," and his ideas underpinned U.S. President Lyndon Johnson's Great Society program. He was known for his witty, often acerbic directness, once noting, "The only function of economic forecasting is to make astrology look respectable." The concepts in his watershed book...
...could face jail time, but Korean tycoons have a history of survival. After going to prison for seven months for fraud in 2003, Chey Tae Won, chairman of oil company SK Corp., returned to his post, fighting off shareholder efforts to remove him. Still, Hahm Sung Deuk, a political economist at Korea University, says the arrest of such a prominent executive will act as a powerful warning to other businessmen: "The owners of companies will realize that this time is different." That may be bad news for Chung, but not for Korea's reputation...
Longtime Harvard economist John Kenneth Galbraith, a popular professor and former Winthrop House resident who has advised five Democratic presidents, died Saturday night at Mount Auburn Hospital...
DIED. John Kenneth Galbraith, 97, best-selling Harvard economist and unabashed liberal who spent his career fighting "conventional wisdom," a phrase he coined in 1958; in Cambridge, Mass. At 6 ft. 8 in., he was--quite literally--a big thinker. In his examination of the intertwining of economics and politics, he once termed America a "democracy of the fortunate," and his ideas underpinned Lyndon Johnson's Great Society program. He was known for his witty, often acerbic directness, once noting, "The only function of economic forecasting is to make astrology look respectable." The concepts in his watershed book, The Affluent...
Longtime Harvard professor John Kenneth Galbraith, a prominent liberal economist who was a popular instructor here for more than three decades, has died...