His son said that economists "offer placebos" instead of "sensible reforms," in addition to writing The Predator State.  
His son said that economists "offer placebos" instead of "sensible reforms," in addition to writing The Predator State.  He examined the Tulipomania and the 1987 stock market in A Short History of Financial Euphoria, and the countervailing power used to fight against market failures in American Capitalism. He analyzed the U.S. and Soviet Union becoming an entity that does not seek profit, called a technostructure, in his The New Industrial State. This economist coined "conventional wisdom" and depicted a society where resources abound. For tem points, name this author of The Affluent Society.
His son said that economists "offer placebos" instead of "sensible reforms," in addition to writing The Predator State.  
John Kenneth {Galbraith}