Sunday, October 13, 2013

Galbraith and Reich
John Kenneth Galbraith was America's most famous economist for good reason. A witty commentator on America's political follies and a versatile author of bestselling books that warn prophetically of the dangers of deregulated markets, corporate greed, and inattention to the costs of our military power, Galbraith always made economics relevant to the crises of the day. This first full-length biography is, in Richard Parker's hands, an important reinterpretation both of public policy and of how economics is practiced. In 1938 he left to work in New Deal Washington, eventually rising to become FDR's "price czar" during the war. Following his years as a writer at Fortune, where he did much to introduce the work of John Maynard Keynes to a wide audience, he returned to Harvard in 1949 and began writing the books that would make him famous.


Robert B. Reich is a professor of public policy at the Goldman School of Public Policy at the University of California at Berkeley. He has served in three national administrations, most recently as secretary of labor under President Bill Clinton. As the nation’s 22nd secretary of labor, Reich implemented the Family and Medical Leave Act, led a national fight against sweatshops in the U.S. and illegal child labor around the world, headed the administration’s successful effort to raise the minimum wage, secured worker’s pensions, and launched job-training programs, one-stop career centers, and school-to-work initiatives He has written 11 books, including “The Work of Nations,” which has been translated into 22 languages; the best-sellers “The Future of Success” and “Locked in the Cabinet”; and his most recent book, “Supercapitalism.”


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