The affluent society quotes (showing 1-9 of 9) “wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive ― john. The affluent society (1958), john kenneth galbraith's most broadly influential book, stands out among works of economic analysis for its accessible writing style, which makes complex.
The point of this discussion in the context of the affluent society is, of course, to attack the conventional wisdom in economics, but galbraith starts out by sketching his picture of what.
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Conventional wisdom is the body of ideas or explanations generally accepted as true by the public and/or by experts in a field the term is often credited to the economist john kenneth. The 100 best nonfiction books: no24 – the affluent society by john kenneth galbraith (1958) an optimistic bestseller in which jfk’s favoured economist promotes investment in both the public.
The book that introduced the phrase “conventional wisdom” to our vernacular, the affluent society is as timely today as when it was first published “warrants careful reading by every. John kenneth galbraith's international bestseller the affluent society is a witty, graceful and devastating attack on some of our most cherished economic myths as relevant today as when it. The affluent society john kenneth galbraith it was also in this book that galbraith defined the now ubiquitous phrase the conventional wisdom and then showed how it was doomed to.
John kenneth galbraith oc (october 15, 1908 - april 29, he popularized the old phrase conventional wisdom galbraith worked on the book while in switzerland and had originally titled.
While affluent society and conventional wisdom (first used in this book) have entered the vernacular, the message of the book has not been so widely embraced--reason enough to rediscover.