Word: galbraith
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...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...
...forma"-which hardly speaks well for their democratic action. Still, the A.D.A.'s nominating committee had made such an imposing choice for its new national chairman that the membership is really not likely to complain. The unopposed candidate: Harvard Economist and old New Frontiersman John Kenneth Galbraith...
...elected, Galbraith hopes to use ADA as "a voice for the pent-up feelings people have about the government and to strengthen the voice of the academic community in government affairs." He emphatically denied speculation that he hopes to move the academic community toward the Kennedy wing of the Democratic party...
...domestic affairs, Galbraith said his major concern is the problem of funneling more money into the cities. He listed Vietnam and the question of improving U.S. relations with the Soviet Union as major foreign policy considerations...