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Topic: Biographies
Number of pages / Number of words: 3 / 568
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The issue of political capture has been followed up by Buchanan and "Public Choice" economics, the objectives and conduct of the firm by Simon and the "New Institutionalist" schools, the failure of consumer sovereignty by Scitovsky and others. Even the game- theoretic developments in industrial organization have replayed Galbraithian themes...


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Even the game- theoretic developments in industrial organization have replayed Galbraithian themes.

Although Galbraith is outside the mainstream, that did not prevent them from electing him president of the American Economic Association in 1972. Galbraith certainly remains one of the better-known economists in post-war America and has worked in a variety of capacities...


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