Word: galbraith
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...book grows from a television series Galbraith filmed for the BBC along the lines of J. Bronowski's Ascent of Man. In the series, Galbraith jaunts around the world to various spots of particular import in his study, strolling along the countryside of Marx's youth and surveying the barren wastes of Death Valley (which he offers as an example of the New York-Philadelphia corridor after World War III). As a substitute--a good one--for the varied film clips that bring his series to life, The Age of Uncertainty is studded with more than a hundred photographs...
...RESULT of BBC's liberality and Galbraith's acknowledged position as elder philosopher and general social critic, Galbraith has considerable latitude in his choice of subject matter. The Book's start threatens to rehash the anecdotal biographic ramblings of Robert Heilbroner's The Wordly Philosophers, so familiar to Ec 10 veterans; the careful reader will learn of the romantic lives of thinkers from Marx to Veblen. By the close of the work Galbraith has looked at the problem of overpopulation the plight of the city, the multinational corporation, the normally UGE (the H is silent amythical, but representative corporate monster...
...Galbraith talks about a lot, but he is at his best when he talks about John Maynard Keynes and the Great Depression. Keynes is one of the few economists who is not subjected to a sound drubbing by Galbraith. This is perhaps so because in Keynes Galbraith saw many of the qualities on which he prides himself: Keynes was an anti-establishment intellectual who thought himself rather important, an iconoclast without being a revolutionary. It is even fair to say that Galbraith revered Keynes, who provided the former with what remains today as the substance of his economic philosophy. When...
...Great Depression provides the ideal jumping-off point for Galbraith's presentation of Keynesianism; this was the thinker's finest hour. In one of the best of the book's many historical foreshadowings, Galbraith describes Keynes's lonely stand in opposition to the reparations clauses of the treaty ending World War I. Keynes, with the clanvoyance that earned him a fortune speculating on foreign currencies, foresaw precisely how Europe would try to exact more reparations from Germany than the defeated nation could afford to pay, an impossibility that would lead to Germany's depressed hyper-inflation, and to Hitler. Keynes...
...Galbraith's sappy praise for Keynes stands out all the more when contrasted with the light in which the author places almost every other thinker, businessman, and institution that crosses his path: dim. Wht saves The Age of Uncertainty from being a history text is the personal touch. Tour-guide Galbraith knows the landscape well, but so well that he can't resist editorializing about each sight. Few are spared as Galbraith talks about the Pentagon ("Were [the Crusades] under the auspices of the Pentagon, it would still be heard that, in the Holy Land, there was light...