Economics Of Innocent Fraud,The: Truth For Our Time - Softcover

Galbraith, John Kenneth

Softcover

ISBN 10: 0141045132 ISBN 13: 9780141045139

Publisher: Penguin UK, 2009

Synopsis

Sounding the alarm on the gap between 'conventional wisdom' - a phrase he coined - and reality, Galbraith warns that the private sector and the public realm are becoming increasingly intertwined. He shows how politics and the media have colluded in the myth of a benign market system, accepting obscene pay gaps and unrestrained self-enrichment - ultimately meaning that we have come to condone legal, legitimate, 'innocent' fraud. First published in 2004, this extraordinarily prescient analysis of capitalism now has even greater power and relevance for our times.

About this title

About the Author:

John Kenneth Galbraith (October 15, 1908 - April 29, 2006) was a Canadian-American economist. He was a Keynesian and an institutionalist, a leading proponent of 20th-century American liberalism and progressivism. His books on economic topics were bestsellers from the 1950s through the 1970s and he filled the role of public intellectual in this period on matters of economics.Galbraith was a prolific author who produced four dozen books and over a thousand articles on various subjects. Among his most famous works was a popular trilogy on economics, American Capitalism (1952), The Affluent Society (1958), and The New Industrial State (1967). He taught at Harvard University for many years. Galbraith was active in politics, serving in the administrations of Franklin D. Roosevelt, Harry S. Truman, John F. Kennedy and Lyndon B. Johnson; and among other roles served as United States Ambassador to India under Kennedy.

About this edition

• Publisher: Penguin UK
• Publication date: 2009
• ISBN 10: 0141045132
• ISBN 13: 9780141045139
• Binding: Paperback
• Number of pages: 128