Encyclopedia of Law and Economics

2019 Edition
| Editors: Alain Marciano, Giovanni Battista Ramello

Galbraith, John Kenneth

  • Alexandre ChiratEmail author
Reference work entry
DOI: https://doi.org/10.1007/978-1-4614-7753-2_737


John Kenneth Galbraith was a post-Keynesian and an institutionalist economist. He is famous for having built an unconventional vision of American Capitalism in his postwar trilogy (1952b, 1958, 1967). His socioeconomic analysis deals with subjects such as theory of the firm, managerial revolution, public spending, theory of consumption, price control (1952a), financial crises (1955), power relationship (1983), and more generally with the dynamic of capitalist institutions.

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Authors and Affiliations

  1. 1.TriangleUniversité Lumière Lyon IILyonFrance