COMMENT: The Galbraith Revival [Theodore Dalrymple]

John  Kenneth Galbraith at the Ritz Hotel in 1966A Canadian university recently asked me to deliver its annual John Kenneth Galbraith Lecture, named for the economist who for much of my youth was the most famous member of his profession in the world. His books sold by the million and were available everywhere in cheap paperback editions; titles such as American Capitalism and The Affluent Society were known to almost all educated people. A teacher at Princeton, Cambridge, and Harvard, he was the editor for a time of Fortune and the American ambassador to India. He was also the first economist to be widely known on television, not least through his sparring with William F. Buckley, Jr. (a close personal friend). His omnipresence as the voice of economics was both the result and the cause of a whole climate of opinion.
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