Economics In Perspective: A Critical History

Foreword ix
Richard Parker
To Acknowledge xix
1 A Look at the Landscape 1
2 After Adam 10
3 The Enduring Interim 23
4 The Merchants and the State 35
5 The French Design 51
6 The New World of Adam Smith 63
7 Refinement, Affirmation—and the Seeds of Revolt 80
8 The Great Classical Tradition, 1: Around the Margins 98
9 The Great Classical Tradition, 2: The Mainstream 113
10 The Great Classical Tradition, 3: The Defense of the Faith 124
11 The Grand Assault 139
12 The Separate Personality of Money 154
13 American Concerns: Trade and Trusts; Enriched and the Rich 170
14 Completion and Criticism 195
15 The Primal Force of the Great Depression 211
16 The Birth of the Welfare State 229
17 John Maynard Keynes 241
18 Affirmation by Mars 259
19 High Noon 274
20 Twilight and Evening Bell 290
21 The Present as the Future, 1 307
22 The Present as the Future, 2 318
Index 327

John Kenneth Galbraith (1908-2006) was a Canadian-American economist. A Keynesian and an institutionalist, Galbraith was a leading proponent of 20th-century American liberalism and progressivism. Galbraith was the author of 30 books, including The Economics of Innocent Fraud, The Great Crash: 1929, and A History of Economics.John Kenneth Galbraith wrote more than 30 books, spanning four decades. He was awarded honorary degrees from Harvard, Oxford, the University of Paris and Moscow University. He was the Paul M Warburg Professor of Economics Emeritus at Harvard University. He died in 2006.