This economist argued that central planning and vertical integration replace supply and demand in large corporations in The New Industrial State.
This economist argued that central planning and vertical integration replace supply and demand in large corporations in The New Industrial State. His most famous work popularized the phrase "conventional wisdom" and illustrated how post-World War II income (*) disparities arose partly from a wealthy private sector despite a poor public sector. For 10 points, name this economist who argues that the title condition could be achieved with more public spending in The Affluent Society.
This economist argued that central planning and vertical integration replace supply and demand in large corporations in The New Industrial State.
John Kenneth {Galbraith}