Word: galbraithe
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...former Presidential candidate lunched with Riesman, Arthur M. Schlesinger, Jr. '38, professor of History, John Kenneth Galbraith, professor of Economics, Seymour Harris '20, Lucuis N. Littauer Professor of Political Economy, and his son Borden. "It was a political bull-session," Borden commented after the luncheon party broke up. Both Galbraith and Schlesinger are members of the Policy Committee of The Americans for Democratic Action...
...case in point. Using a popular text-book by MIT's Paul A. Samuelson, the course lays great stress on Federal fiscal policy (e.g. "countercyclical spending" by the national government to help offset periodic business slumps). Lecturers include Seymour Harris, Chairman of the Department and John Kenneth Galbraith, author of The Affluent Society...
Under these circumstances, Harvard's introductory course in economics can hardly be considered impartial--it certainly presents the "liberal" position in a favorable light, and tends to downgrade what Galbraith calls the "conventional wisdom." It is not surprising that a third of Harvard's students declare themselves in favor of "reduction of current unemployment by government action, even at the price of aggravating inflation," or that two-thirds support "government wage and price controls to check the inflation"--the second policy presumably helping to balance the first...
Speakers at the evening sessions will include Professors John Kenneth Galbraith and Samuel A. Stouffer of Harvard, Robert C. Wood of M.I.T., and President Emeritus James B. Conant...
Under these circumstances, Harvard's introductory course in economics can hardly be considered impartial--it certainly presents the "liberal" position in a favorable light, and tends to downgrade what Galbraith calls the "conventional wisdom." It is not suprising that a third of Harvard's students declare themselves in favor of "reduction of current unemployment by government action, even at the price of aggravating inflation," or that two-thirds support "government wage and price controls to check inflation"--the second policy presumably helping to balance the first...