GALBRAITH, JOHN KENNETH


Meaning of GALBRAITH, JOHN KENNETH in English

born Oct. 15, 1908, Iona Station, Ont., Can.

Canadian-U.S. economist and public servant.

After studying at the Universities of Toronto and California (Ph.D., 1934) he held important government posts during the New Deal and World War II. As a professor at Harvard University (1949–75) he was active in public affairs, serving as an adviser to Pres. capitalism and consumerism . The Affluent Society (1958) called for less emphasis on production and more attention to public services, and The New Industrial State (1967) traced similarities between "managerial" capitalism and socialism.

Britannica English dictionary.      Английский словарь Британика.