He claims that "buyer's remorse is relatively uncommon in the world of online commerce because there isn't time for it." This looks hopelessly Galbraithian
That said, Galbraithian
attention to corporate power--and to the conventional wisdom and to poverty--can shed light on numerous pan-African commonalities.
Subsequent chapters in Berry's book draw out other prominent and celebrated Galbraithian
themes--economic security, the ambiguities of production, the driving force of consumerism, the causes of inflation, the significance of debt, the theory of social balance, policies for economic reform, the importance of engaging with economic power and the question of morality in economic affairs.
"Advertising and National Consumption: A Path Analytic Re-Examination of the Galbraithian
Argument", Journal of Advertising, vol.
This book is thus a revisitation of Galbraith's ideas and it includes in chapter 6 ('The role of markets') a very good summary of Galbraithian
themes, nicely integrated (albeit implicitly as far as referencing is concerned) with a Post Keynesian approach to firms' pricing and capacity choices.
He combines an encyclopedic range with an ease of writing that if not quite Galbraithian
, is nonetheless pleasing as well as instructive.
425], he wrote: A question, for theoretical and empirical research and not ideological polemics, is whether real life markets the Chicago Board of Trade with its grain futures, the London Cocoa market, the New York Stock Exchange, and the less-formally organized markets (as for staple cotton goods), to say nothing of the large Galbraithian
corporations possessed of some measure of unilateral economic power--do or do not achieve some degree of dynamic approximation to the idealized "scarcity" or shadow prices.
(1991) Advertising in demand systems: Testing a Galbraithian
"Advertising and Inter-Industry Competition: Testing a Galbraithian
Hypothesis." Journal of Industrial Economics 23, 3 (1974): 215-26.