Contemporary Economists

This book provides an intellectual portrait of John Kenneth Galbraith, an institutional economist who examines the configuration of power by the clusters of mores that comprise institutions. Galbraith proposes an aggressive social democratic policy to achieve social and economic reform. This policy includes explicit recognition that the state must intervene to countervail the power of entrenched political economic interests and to provide generous support of the arts and letters to achieve the affirmation of humanity.