Advanced Search
MyIDEAS: Login to save this article or follow this journal

The lasting economic contributions of John Kenneth Galbraith, 1908-2006


Author Info

  • Stephen P. Dunn
  • Steven Pressman


J.K. Galbraith was a highly original theorist whose contributions deserve lasting recognition. Galbraith analyzed the significant economic power held by large firms, which underpinned the success of the U.S. economy in the post-World War II era. Galbraith highlighted how this concentration of power creates a range of unintended problems—social and environmental. Galbraith recognized that firms manipulate the consumer and that their actions lead to the inequitable distribution of income and social goods. In response to this, the "good society" must secure the provision of essential goods and services that are not automatically forthcoming and mitigate macroeconomic problems such as financial instability, unemployment, inflation, and poverty.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL:
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by M.E. Sharpe, Inc. in its journal Journal of Post Keynesian Economics.

Volume (Year): 29 (2007)
Issue (Month): 2 (January)
Pages: 179-190

as in new window
Handle: RePEc:mes:postke:v:29:y:2007:i:2:p:179-190

Contact details of provider:
Web page:

Related research

Keywords: economic power; Galbraith; poverty;


No references listed on IDEAS
You can help add them by filling out this form.


Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Baker Matthew J. & George Lisa M, 2010. "The Role of Television in Household Debt: Evidence from the 1950's," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-38, May.
  2. Clive L Spash & Heinz Schandl, 2009. "Growth, the Environment and Keynes: Reflections on Two Heterodox Schools of Thought," Socio-Economics and the Environment in Discussion (SEED) Working Paper Series 2009-01, CSIRO Sustainable Ecosystems.
  3. Stefan Kesting, 2010. "John Kenneth Galbraith: a radical economist?," International Journal of Social Economics, Emerald Group Publishing, vol. 37(3), pages 179-196, March.


This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.


Access and download statistics


When requesting a correction, please mention this item's handle: RePEc:mes:postke:v:29:y:2007:i:2:p:179-190. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Nguyen).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.