Our book is about applying economics to the study of sports. In telling our stories, we made mention of a number of economists. One of the first we mention is John Kenneth Galbraith, who died last Saturday at the age of 97. On my website I have the picture of three economists who I think have most influenced my work: Alfred Marshall, Herbert Simon, and Galbraith. Galbraith is primarily known as a critic of neoclassical economics, or what he often referred to as the “conventional wisdom.” Like Galbraith, our book spends a fair amount of time debunking the “conventional wisdom.” Unlike Galbraith, we talk about the less important world of sports. Galbraith lived a more important life, being a major advisor to three Presidents. Galbraith was also much like Steve Levitt, writing books that brought economics to a general audience.
For a brief summary of Galbraith’s work, visit the History of Economic Thought website of the New School of Social Research. For a much longer review, there is a biography of Galbraith written by Richard Parker. You can get more information on Parker’s work at JohnKennethGalbraith.com. Brad DeLong wrote a review of Parker's work, which you can find here.
In DeLong’s review he notes: “Among economists (excluding economic historians), the 70-year-olds have read Galbraith and think he is very important; the 50-year-olds have read Galbraith and know that the 70-year-olds think he is important but are not sure why; and the 30-year-olds have not even read him.” This is probably mostly true, although I am 36 and I have read Galbraith. And I am not entirely alone in my age group.
– DJ
Wages of Wins Journal 
Ans
January 5, 2007
Thanks for this great post, i have bookmarked your site in the hope there will be more of this
Greets
Ans