J. K. Galbraith was a prominent American economist known for his influential ideas and writings on the role of economic power in society. He served as a professor of economics at Harvard University and became a key advisor to several U.S. presidents. His work often critiqued the prevailing economic theories of his time, advocating for a more pragmatic view of economics that considered both social and psychological factors. Galbraith's most notable contributions include concepts like "countervailing power," which discusses how large entities can balance each other out in the economy. He was also critical of unregulated capitalism, arguing that it often leads to inequality and corporate dominance. His books, such as "The Affluent Society," challenged conventional wisdom and pushed for progressive policies that aimed to address societal issues through economic understanding. Throughout his career, Galbraith remained a public intellectual, engaging with the media and participating in policy discussions. His insights have shaped not only economic thought but also the understanding of how economies function in relation to society. His legacy continues to influence contemporary discussions about economic inequality and corporate influence in politics. J. K. Galbraith was a notable American economist and writer, recognized for his critical approach to conventional economic theories. He held a professorship at Harvard University and served as an advisor to multiple U.S. presidents, influencing economic policies in significant ways. Galbraith's major works and concepts, such as "countervailing power," have left a lasting impact on economic thought and societal discussions about power and inequality.