Ambassador's Journal: A Personal Account of the Kennedy Years

John Kenneth Galbraith

Houghton Mifflin, 1969 - Political Science - 656 pages

Selections from this book have appeared in the Oct. 1969 issue of American Heritage.

Contents

• Before the Curtain I: 1
• The Beginning: 15
• The Early Education of an Ambassador: 40

About the author

John Kenneth Galbraith is a Canadian-born American economist who is perhaps the most widely read economist in the world. He taught at Harvard from 1934-1939 and then again from 1949-1975. An adviser to President John F. Kennedy, he served from 1961 to 1963 as U.S. ambassador to India. His style and wit in writing and his frequent media appearances have contributed greatly to his fame as an economist. Galbraith believes that it is not sufficient for government to manage the level of effective demand; government must manage the market itself. Galbraith stated in American Capitalism (1952) that the market is far from competitive, and governments and labor unions must serve as "countervailing power." He believes that ultimately "producer sovereignty" takes the place of consumer sovereignty and the producer - not the consumer - becomes ruler of the marketplace.

Bibliographic information

• Title: Ambassador's Journal: A Personal Account of the Kennedy Years; Tesoro books
• Author: John Kenneth Galbraith
• Edition: illustrated, reprint
• Publisher: Houghton Mifflin, 1969
• ISBN: 1557780714, 9781557780713
• Length: 656 pages
• Subjects: Political Science / International Relations / Diplomacy; Political Science / International Relations / General