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Sunday, July 31, 2005

JOHN KENNETH GALBRAITH


The subject of this week's ABC's Background Briefing is JK Galbraith. It is an edited talk by Galbraith's official biographer, Richard Parker. If you can't listen to-day, don't miss it on Tuesday 2 August at 7pm. Galbraith is a hero of mine - one of the few economists who makes sense. Adviser to Franklin Delano Roosevelt and John Fitzgerald Kennedy. He has not been fashionable for three decades: his name can generate sniggers among the economic rational (irrational?) neo-classicists. But he makes sense. I will discuss my view of his contribution later in the week.