Galbraith's work has been criticized by which of these economists?
Adam Smith
Milton Friedman
David Ricardo
John Maynard Keynes
Answer
Milton Friedman, a renowned economist and a staunch advocate of free markets, criticized Galbraith's work for its strong support of government intervention and its skepticism towards the self-regulating mechanisms of the market. Friedman argued that Galbraith's ideas hindered economic growth and individual liberty, favoring instead policies that promoted competition, deregulation, and limited government involvement in the economy.
The Galbraithian Quest: Uncovering the Legacy of John Kenneth Galbraith
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