Monday, May 01, 2006

An American Giant Falls: John Kenneth Galbraith z"l

Ever called something "conventional wisdom"? You should thank John Kenneth Galbraith for coining the phrase. He was the economist and public intellectual who helped LBJ conceive and execute the Great Society. JKG advised and wrote speeches for FDR, JFK, and LBJ. He twice won the Presidential Medal of Freedom ('46 and '00). The NYTimes has a good obit.
It is sad day in America. I can't think of a contemporary person who uses economics to imagine what society can do for all its members and is in the upper echelons of credibility in both the economics world and the policy world.
Galbraith was a thinker of unusual insight and one of the most important liberals of the 20th century. America suffered a great loss on Saturday. May John Kenneth Galbraith life be an inspiration and may his memory be a blessing.

2 Comments:

At 5/01/2006 , Blogger Ruby K said...

amen ve-amen. what a loss.

 
At 5/02/2006 , Anonymous David said...

agreed a loss. Check out the piece here, which suggests the NYT did not do JKG justice.

http://www.j-bradford-delong.net/movable_type/

 

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