Author | John Kenneth Galbraith |
---|---|
Language | English |
Subject | Economics |
Genre | Non-fiction |
Publisher | Houghton Mifflin |
Publication date | 1958 |
Publication place | United States |
Media type | |
Pages | 280 |
The Affluent Society is a 1958 (4th edition revised 1984) book by Harvard economist John Kenneth Galbraith. The book sought to clearly outline the manner in which the post–World War II United States was becoming wealthy in the private sector but remained poor in the public sector, lacking social and physical infrastructure, and perpetuating income disparities. The book sparked much public discussion at the time. It is also credited with popularizing the term "conventional wisdom". Many of the ideas presented were later expanded and refined in Galbraith's 1967 book, The New Industrial State.
Former U.S. Secretary of Labor Robert Reich called it his favorite on the subject of economics.[1][better source needed] The Modern Library placed the book at no. 46 on its list of the top 100 English-language non-fiction books of the 20th century.[2]