Economist Galbraith Dead

Economist Galbraith Dead April 30, 2006

John Kenneth Galbraith, the Harvard professor who won worldwide renown as a liberal economist, backstage politician and witty chronicler of affluent society, died Saturday night, his son said. He was 97. His first two had created history:

Galbraith’s fame was cemented with the 1958 publication of The Affluent Society, a phrase that soon worked its way into our language, and The New Industrial State, a follow-up work published in 1967. His books appeared at a time when America was without peer as an economic power.

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