Word: galbraith
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Tuesday morning, July 10, economic, labor and business leaders: Robert Abboud, board chairman of the First National Bank of Chicago; Douglas Fraser, president of the United Auto Workers; John Kenneth Galbraith, author and economics professor emeritus at Harvard; Lyle Gramley, member of the Council of Economic Advisers; John Gutfreund, head of Salomon Brothers; Paul Hall, president of the seafarers union; Walter Heller, economics professor at the University of Minnesota and member of the TIME Board of Economists; Jesse Hill, Atlanta businessman; Reginald Jones, board chairman of the General Electric Co.; Lawrence Klein, economics professor at the University of Pennsylvania; Arthur...
Over 5000 people did attend the dedication, however. The night before, more than 500 people watched a panel discussion on "The Changing American Presidency," which featured John Kenneth Galbraith, Warburg Professor of Economics Emeritus, and David L. Halberstam...
John Kenneth Galbraith, economist, at Yale: "I can't ask you to go out and comfort the afflicted; that would be considered eccentric. But perhaps you can afflict the comfortable...
...siding with 'foreign communist movements' as he would have been expected to do." Many of the accounts in the anthology had been published in South Korea without the objections of the government. Among the authors translated by Mr. Lee were Harvard China expert Ross Terrill and economist John Kenneth Galbraith. Galbraith described the essay in question, "The Chinese Economy Which I Saw," to Newsweek as "a straightforward and I would say highly uncolored description...
...Perhaps Galbraith never quite makes it clear who he talks about. His examples mention China, India, Vietnam, Pakistan and others, but he never explains why poverty in the U.S. is so different. Although most of the U.S. is affluent, Galbraith's equilibrium of poverty--accommodation theory--would seem to apply just as well to rural Appalachia or to a ghetto housing project where longstanding pressures operate to destroy aspirations. But though his analysis falls short in places, Galbraith has shed new light on the basic problem of poverty in the world. His work on causes should force a long overdue...