Word: galbraith
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Dates: during 1960-1969
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Hoffmann joined John Kenneth Galbraith, Paul M. Warburg Professor of Economics, in condemning the government's handling of the controversy over...
Originated by Edward Mason, Lamont University Professor, the project was designed to give professors a "ringside seat" to economic development in emerging nations. Several members of the Economics Department, including John Kenneth Galbraith, Paul M. Warburg Professor of Economics, John R. Meyer, professor of Economics, and Robert Dorfman, professor of Economics, have participated in the project...
...Galbraith also opposed reduction of the amount of duty-free goods which American tourists may bring back to this country. It is more important to tax the wealthy expatriate who spends $10,000 abroad, he said, than to tax "the Kansas schoolteacher on what she spends on a trip in excess of fifty bucks...
Direct government control over bank lending would regulate capital outflow and therefore ease the balance of payments problems, Galbraith also claimed. This elementary action has been avoided by all governmental agencies, he said...
...Galbraith also criticized the current proposals for control of bank lending. To place matters like this on a voluntary basis with businessmen is much the same as putting the closing of veterans' hospitals on a voluntary basis with senators," he said...