Word: galbraith
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Dates: during 1950-1959
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...Affluent Society, Galbraith...
These speeches on farm policy are extensively quoted by farm groups and Democratic congressmen. In addition Galbraith often testifies in Washington on economic issues such as the present recession. And he travels--perhaps as widely, though not so often, as our Secretary of State. In May, for instance, he began a six week trip through Poland and Yugoslavia as part of a cultural exchange program, returned to the U.S. in June, and spent the remainder of the summer in South America. (A journal which he kept on this trip to Europe will be published next month by the University Press...
During the early war years Galbraith took charge of price controls for OPA, and later became director of the U.S. Strategic Bombing Survey and of economic affairs in the former enemy countries for the State Department. He then spent several years with Fortune magazine and in 1949 came to Harvard...
These "discussions" take place each Thursday at Winthrop's "Economics Table," where a shifting line-up always features Galbraith at the head of the table and such pinch hitters as Lady Jackson (Barbard Ward) and Arthur Schlesinger, Jr., with as many tutors and undergrads as can find room...
Everything gets a hearing at the Ec table. Anything goes, from the simplest to the most fantastic, including those radical notions expressed solely for argument's sake which crop up at these gatherings with such devastating consequences. Yet Galbraith was heard to close one particularly gay luncheon with the happy thought that "It is generally understood that the topics raised around this table one year will be on everybody's lips during the next...