John Kenneth Galbraith

John Kenneth Galbraith, born on October 15, 1908, was one of American’s more influential economists, longtime Harvard professor, and a U.S. ambassador to India, an author, an economist, and “used caustic wit and an iconoclastic temperament to help set the foundation of modern economic thinking” (http://www.csmonitor.com). He, along with another famous economist, and longtime rival, Milton Friedman, believed that everyone has an idea, and that every idea matters, and were masters of the debates and are both very smart people, however, Dr. Galbraith was more to the progressive tradition, and his work was never really accepted, and criticized. Yet through the presidency of John F. Kennedy, he was a trusted adviser, and the author of more than 30 books.

Life through the years

John Kenneth Galbraith was born on October 15, 1908, in Iona station, Ontario, Canada, to Sarah Catherine Kendall a homemaker and a community activist, and Archibald Galbraith a farmer and a teacher, but was raised in Dunwhich Township, Ontario. A lot of his economic achievements, he drew inspiration from his father. His father would take him to political alleys, and in one particular rally, the older Galbraith climbed on manure to address the people. John remembers congratulating his father for “the brilliance of the sally” at which time his father responded “it was good, but it didn't change any votes.” (http://www.washingtonpost.com) At the time, he went to a one room school, and later went to Dutton high school and then to St. Thomas high school, then in 1931, the Ontario Agricultural College in Guelph let Galbraith graduate with a bachelor of science and agricultural degree, which he majored in animal husbandry, and later in 1934, he receives his bachelo...

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