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His Life, His Politics, His Economics
Farrar, Straus and Giroux
February 2005
Featuring: John Kenneth Galbraith
832 pages
ISBN: 0374281688
Hardcover
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Non-Fiction Biography
The life and times of America’s most celebrated
economist, assessing his lessons—and warnings—for us today John Kenneth Galbraith’s books—among them The Affluent
Society and American Capitalism—are famous for good reason.
Written by a scholar renowned for energetic political
engagement and irrepressible wit, they are models of
provocative good sense that warn prophetically of the
dangers of deregulated markets, war in Asia, corporate
greed, and stock-market bubbles. Galbraith’s work has also
deeply—and controversially—influenced his own profession,
and in Richard Parker’s hands his biography becomes a vital
reinterpretation of American economics and public policy. Born and raised on a small Canadian farm, Galbraith began
teaching at Harvard during the Depression. He was FDR’s
“price czar” during the war and then a senior editor of
Fortune before returning to Harvard and to fame as a
bestselling writer. Parker shows how, from his early
championing of Keynes to his acerbic analysis of America’s
“private wealth and public squalor,” Galbraith regularly
challenged prevailing theories and policies. And his account
of Galbraith’s remarkable friendship with John F. Kennedy,
whom he served as a close advisor while ambassador to India,
is especially relevant for its analysis of the intense,
dynamic debates that economists and politicians can have
over how America should manage its wealth and power. This
masterful chronicle gives color, depth, and meaning to the
record of an extraordinary life.
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