Galbraith's arguments are discussed by a group of economists in regards to current controversies and problems. Topics covered range from globalization and the role of the state to redistributive economic policies. The result is a collection that pays tribute to one of the most prominent, and yet still contemporarily relevant, economists of the twentieth century.

List of contributors, Acknowledgements, 1 John Kenneth Galbraith: economist with a public purpose, 2 The useful economist, 3 The making of a heterodox economist: the impact of Henry S.Dennison on the economic thought of John Kenneth Galbraith, 4 Social capital and political economy: Galbraith on states and groups, 5 The role of the state in the good society, 6 From Veblen to Galbraith: what is the essence of institutional economics?, 7 The virtues of their defects and the defects of their virtues: reflections on John Kenneth Galbraith and Thorstein Veblen, 8 The economist and business, 9 Galbraith, uncertainty and the modern corporation, 10 Progress denied: the unravelling of the New Industrial State, 11 Galbraith, globalism and the good life: making the best of the capitalist predicament, 12 The New Deal and `domesticated Keynesianism¿ in America, 13 Adam Smith on the mercantile system: the unnecessary loss of America?, Index