Dec 18, 2009

The Affluent Society | Critical Overview

‘‘Galbraith may well be the most famous economist of the last half century,’’ observes James Ronald Stanfield, in John Kenneth Galbraith (1996). Galbraith’s celebrity status with the popular reading public may be indicated by his appearance in a February 16, 1968, Time magazine cover story, entitled ‘‘The Great Mogul.’’ David Reisman, in Galbraith and Market Capitalism (1980), sums up Galbraith’s widespread influence in stating that he has ‘‘succeeded … in stimulating more popular discussion of economic, social and political questions than...