John Kenneth Galbraith (1908 - ), American economist, born in Canada. He was the economics adviser to President Kennedy (1917 - 1963) and the author of The Affluent Society and The New Industrial State. The Affluent Society describes the economicconditions in the United States after World War II, and puts forward the theory that governmental taxation and regulation is necessary to preserving the economy in today's society. —SHSBC Binder 22 Approved Glossary