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The Affluent Society Essay | Critical Essay #1

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Critical Essay #1

Brent has a Ph.D. in American culture, specializing in .lm studies, from the University of Michigan. She is a freelance writer and teaches courses in the history of American cinema. In the following essay, Brent discusses Galbraith's place in the history of economic theory.

To appreciate the significance of The Affluent Society to economic theory, it is useful to place the work of Galbraith within the broader history of economics as a field of inquiry. Galbraith is associated with the American Institutionalist school of economic theory, which arose in the early twentieth century. Below is a brief overview of the history of economic theory, beginning in the late-eighteenth century, and a brief discussion of Galbraith's influence on the conventional wisdom of attitudes about the role of the economist in American society and culture.

The first stage in the history of economic theory has come to be called...

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This section contains 1,460 words
(approx. 5 pages at 300 words per page)
Purchase our The Affluent Society Study Guide
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The Affluent Society from BookRags and Gale's For Students Series. ©2005-2006 Thomson Gale, a part of the Thomson Corporation. All rights reserved.
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