In his new introduction to this classic text on political economy, Galbraith reasserts the validity of the core thesis of American Capitalism: The best and established answer to economic power is the building of countervailing power. The trade union remai...
Economic ideas are very much a product of their time and place. If we are to understand modern economics, we can do so only through an understanding of its past, including the powerful and vested interests that moulded the theories to their financial adva...