• A Life In Our Times

A Life In Our Times.

Item Number: 1973

Boston: Houghton Mifflin Company, 1981.

First edition. Octavo, original red boards. Inscribed by the author in the year of publication, “For Avis with my great love for all those kind words that I like so unnaturedly well.” John Kenneth Galbraith”. The recipient was book editor Avis Devoto and later confidant to Julia Child. A near fine copy in a very good dust jacket.

Galbraith's ideas often addressed the influence of the potential market power of large corporations (Dunn and Pressman, 2005). He believed that corporations could become price makers, rather than price takers, by weakening the accepted principle of consumer sovereignty (Galbraith, 1970). This, in turn, allowed corporations to efficiently increase the production of their goods if they could achieve the strongest market power.