by John Kenneth Galbraith · Iuniverse Inc · tapa blanda · ISBN 9781583484197
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«The Nature of Mass Poverty» is the economics essay by John Kenneth Galbraith, published by Iuniverse Inc in paperback (164 pages, in English).
Galbraith argues that common explanations of poverty in developing countries draw on the experience of rich countries and therefore fail to explain its real causes. Since capital and technical capacity are available in rich countries, their absence in poor ones is mistakenly taken as the cause of poverty.
The work falls within economic theory and macroeconomics; the original edition dates from 1973 and this English edition was published in 2001.
Intended for a university audience and for readers interested in economics and economic theory.
John Kenneth Galbraith, also known as J. K. Galbraith or Ken Galbraith, was a Canadian-American economist, diplomat, public official, and intellectual. His books on economic topics were bestsellers from the 1950s through the 2000s. As an economist, he leaned toward post-Keynesian economics from an institutionalist perspective. He served as the deputy director of the powerful Office of Price Administration (OPA) during World War II in charge of stabilizing all prices, wages and rents in the American economy, to combat the threat of inflation and hoarding during a time of shortages and rationing, a task which was successfully accomplished.
