In Economics in Perspective, renowned economist John Kenneth Galbraith presents a compelling and accessible history of economic ideas, from Aristotle through the twentieth century. Examining theories of the past that have a continuing modern resonance, he shows that economics is not a timeless, objective science, but is continually evolving as it is shaped by specific times and places. From Adam Smith's theories during the Industrial Revolution to those of John Maynard Keynes after the Great Depression, Galbraith demonstrates that if economic ideas are to remain relevant, they must continually adapt to the world they inhabit. A lively examination of economic thought in historical context, Economics in Perspective shows how the field has evolved across the centuries.
John Kenneth Galbraith (1908–2006) was one of the most influential economists of the twentieth century. He was professor of economics at Harvard University and served as U.S. ambassador to India during the Kennedy administration. He wrote more than fifty books, including American Capitalism, The Affluent Society, and The New Industrial State (Princeton).
"Remarkable. . . .Economics in Perspectivewill raise Galbraith's reputation among those who already know him and will introduce him to a new generation. More than a quick one-volume review of economic thought, [this book] is a sweeping, often brilliant and always accessible summary of the insights Galbraith has developed."--Los Angeles Times
"Another classic by Galbraith."--Library Journal
"An accomplished annalist as well as an acute analyst, Galbraith offers capsule commentary on significant contributors to the development of economic ideas from Aristotle through Keynes and beyond. . . . [Economics in Perspective] affords an engaging, opinionated introduction to economic theory and practice."--Kirkus
"Economics in Perspectiveis a finely crafted, witty, and widely accessible tour of economic thought from Aristotle to the modern day."--Richard Parker, Harvard Kennedy School
Other Princeton books authored or coauthored by John Kenneth Galbraith: