The Legacy of John Kenneth Galbraith (tags)
Near the end of the twentieth century, the Brookings Institution calculated America's total military spending since World War II, and concluded that it amounted to more than $20 trillion--with more than a third of that spent on nuclear weapons alone.
Video: The Age of Uncertainty-The Big Corporation, 56 min (tags)
700 free movies, 700 free E-books and 450 audio books are given us on www.openculture.com. Enjoy the feast! John Kenneth Galbraith has 14 episodes in his Age of Uncertainty
The Abiding Economics of John Kenneth Galbraith (tags)
From The Great Crash, we have of course the conviction that financial panics affect real activity. No one in the 19th century or with experience of agriculture ever seriously doubted that the economy runs on credit or that real activity depends on banks. Only in the higher reaches of academic life could such a thing be denied.
On the Death of John Kenneth Galbraith (tags)
The great economist John Kenneth Galbrath was shocked at the public squalor alongside private affluence. He devised the horse-sparrow theory, horses must be fed so the sparrows can live. A healthy economy means shrinking the financial sector and expanding the public sector.
"Change of Direction": James Galbraith (tags)
The economy should be a part of life, not a steamroller crushing self-determination and creativity. The time is right for alternative economics, access instead of excess, enough instead of more and qualitative growth instead of quantitative growth.
Some Economists Got It Right - Who Are These Economists? (tags)
Twill 14: The Impossible Magazine is a tour de force. Alternative economics emphasizes reduced working hours, investment in the infrastructure, person-oriented work, labor-intensive investment, community centers, redistribution, free Internet books and soft power.
Miguel d'Escoto's Last Address as President of the 63rd UN General Assembly (tags)
A new world is possible and a new economics is necessary! As prejudice and narcissism can be gradually overcome, breaking the chains of profit worship, monopoly capital and empire building can bring hope and a new day for all people.
How Neoliberal Ideology Destabilized the World Balance: Krugman and Galbraith (tags)
"If the depression has not openly erupted, all the features of the 1930s are having a spectacular comeback." (Paul Krugman) To free the US from the claws of private interests, James Galbraith urges the public authority to set social and ecological norms.
John Kenneth Galbraith: Relentless Fighter Against the Powerful (tags)
In the 1960s John Kenneth Galbraith decried the coexistence of private affluence and public squalor and denounced trickle-down economics, feeding the horse so the sparrow can live. System- and structural criticism are vital today as the myth of the self-healing market lies shattered
The Bailout! News! From Just One Human! (tags)
ACTUAL NEWS! AN OPEN LETTER FROM ONE CITIZEN OF THE PLANET --TO AMERICA'S PRESS --ON A HISTORIC, SHOCKING, WEEKEND. PLEASE FORWARD WIDELY:
Economist Milton Friedman dies at 94 (tags)
Milton Friedman, the Nobel Prize-winning economist who advocated an unfettered free market and had the ear of three U.S. presidents, died Thursday at age 94.
Maybe you think that it’s all just a bad dream. In a few years there will be a new President of the United States and everything will be different then. Everything will be back to normal. The bad news is, you are awake. The really bad news is, it isn’t Bush.