John Kenneth Galbraith, 1908-2006:
He Influenced Economic Thought for Many Years

STEVE EMBER: I’m Steve Ember.
BARBARA KLEIN: And I’m Barbara Klein with PEOPLE IN AMERICA in VOA Special English.
Economics is a field based on mathematics. Yet it cannot provide answers to every
problem. Some people question whether economics is a science at all.

For many years, possibly the loudest critic was himself an economist, John Kenneth

STEVE EMBER: John Kenneth Galbraith was an economist, liberal thinker, author,
professor, presidential advisor and ambassador. He stood over two meters tall. He was
excellent at arguing positions and making complex ideas understandable. These two
qualities made Mister Galbraith a powerful personality able to influence people at the
highest levels of government.

He was also a productive writer and an effective critic of many popular ideas of his time.
For some, he was an easy person to dislike. He was very sure of himself and his
arguments. Yet, he clearly influenced the economic ideas of many people, including
politicians and presidents.

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