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American economists are writers of humorous fiction, as the U.S.-budget fantasies attest, but John Kenneth Galbraith's droll, mannered novels are funny on purpose. In his first, The McLandress Dimension (1963), the Harvard professor introduced a concept that measured the time -- often a matter of milliseconds -- that public figures spend thinking of matters unrelated to themselves. The new novel, his third, explores the equally valuable IRAT, or Index of Irrational Expectations, a quantification of the collective wrongheadedness of the stock market. Harvard technocrat Montgomery Marvin, known for his seminal study of refrigerator pricing, invents IRAT and becomes exceedingly rich...

Author: /time Magazine | Title: Books: Funny Money | 2/26/1990 | See Source »

Galbraith's two previous novels were The Triumph, the story of a Central American dictator, and The McLandress Dimension, a tale of an inventor who, among other projects, creates a method of classifying people by the amount of time they spend not thinking about themselves...

Author: NO WRITER ATTRIBUTED | Title: Galbraith Writes Third Novel | 10/23/1989 | See Source »

Because of a State Department rule demanding complete anonymity of ambassadors' writings, The McLandress Affair, published while Galbraith was the U.S. Ambassador to India, was printed under a pseudonym...

Author: NO WRITER ATTRIBUTED | Title: Galbraith Writes Third Novel | 10/23/1989 | See Source »

Aristotle and Jeremiah. But who is the mysterious satirist, himself apparently a veteran of the Kennedy years? The names of Theodore Sorensen and Pierre Salinger somehow do not come to mind. Could it be the midnight penman, John Kenneth Galbraith, who last struck in 1963 (with his pseudonymous The McLandress Dimension)! Prescott's editor at Doubleday, which also happens to be Galbraith's publisher, replies: "Why don't you ask him?" Last week, unfortunately, Galbraith was unreachable in Austria; his secretary said that he was "driving slowly" from an economists' meeting in the Tyrol toward...

Author: /time Magazine | Title: HOAXES: The Midnight Penman Returns | 9/6/1971 | See Source »

...turned out to be that chronic spoof John Kenneth Galbraith, who recently carried pseudonymity to its logical extreme by reviewing the pseudonymous Report from Iron Mountain under the pseudonym Herschel McLandress. One of the mysteries of the 1962 Vatican Council was the man named Xavier Rynne who wrote so knowingly of the proceedings for The New Yorker; it later developed that a Catholic theologian, Father Francis Xavier Murphy, then residing in Rome, did much of the writing. One author who has so far escaped detection is Raymond...

Author: /time Magazine | Title: Authors: Fool-the-Squares | 12/15/1967 | See Source »

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