Canadian-born John Kenneth Galbraith was the best known and most widely read economist in the world in the latter half of the twentieth century. He was active in Democratic politics, studied the effects of strategic bombing in Europe after the Second World War (he believed that the bombing had little or no effect on the German war machine), served as ambassador to India during the Kennedy administration, was an early and loud opponent of the Vietnam War, and an early supporter of feminism and environmental issues.
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Galbraith frequently criticized the tendency of many of his colleagues to depend on complicated mathematical formulas but ignore the effects of politics, advertising, military spending, and many other real-world factors in U.S. and international economics.
The review of this Book prepared by David Loftus