• The Age Of Uncertainty.

The Age Of Uncertainty.


Item Number: 2948

Boston: Houghton Mifflin Company, 1977.

First edition. Octavo, original cloth. Fine in a very good dust jacket. Inscribed and dated in the year of publication by the author.

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.

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