Word: galbraith
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Dates: during 1960-1969
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Joseph Rauth Jr., vice-chairman of Americans for Democratic Action, announced the formation of the group. John Kenneth Galbraith, Paul M. Warburg Professor of Economics and chairman of ADA, is listed as a sponsor of the project...
Viet Nam remains at once the biggest, least predictable issue. Should the war last five to ten years, Harvard Economist John Kenneth Galbraith, newly elected chairman of the Americans for Democratic Action, warned last week, "this disaster could, indeed, mean the death and burial of the Democratic Party." Few other Democrats share that gloomy view, but the war could cost a covey of doves their Senate seats in 1968. With 23 Democratic seats at stake v. only eleven for the G.O.P., the Democrats' 64-36 Senate majority could be drastically trimmed...
Protest Letter. The strike meanwhile precipitated some more moral wrestling among newsmakers and newsmen. Dean Rusk and Kenneth Galbraith, new head of the Americans for Democratic Action, discreetly canceled scheduled appearances on public-affairs shows, while Senator Wayne Morse passed through the AFTRA picket line to go on ABC's Scope. Bennett Cerf, who is both a union member (panelist on What's My Line?) and a management man (board member of RCA), elected, of course, not to picket...
...neutral ideologically. For example, one may increase government expenditures by digging and refilling ditches, by increasing defense spending, or by building schools and low-cost housing. One may give tax cuts to corporations, or expand a War on Poverty. Keynes himself recognized this distinction, and Professor Galbraith speaks of "reactionary Keynesianism" in describing the use of Keynesian analysis as merely a technical and "neutral" device. This is a political issue, but the course wants to separate politics from "Economics," so the distinction is completely ignored...
...following excerpts are from last Tuesday's address by John Kenneth Galbraith, Paul M. Warburg Professor of Economics, on accepting the national chairmanship of Americans for Democratic Action in Washington...