THE VALID IMAGE OF A MODERN INDUSTRIAL ECONOMY

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80M00165A001200140012-4
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 18
• Document Creation Date: December 15, 2016
• Document Release Date: January 5, 2004
• Sequence Number: 12
• Publication Date: April 12, 1977
• Content Type: SPEECH

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SUGGESTED INTRODUCTION OF THE HONORABLE JOHN KENNETH GALBRAITH
CIA GUEST SPEAKER PROGRAM
3:00 p.m., 12 April 1977
CIA Headquarters Auditorium
Topic: "The Valid Image of a Modern Industrial Economy"
Ladies and Gentlemen:
First, let me welcome to this audience our guests from
other agencies of the Intelligence Community. As Director
of Central Intelligence, I am pleased to see that so many of
you are participating with us in an activity designed to
keep the CIA in close touch with the best minds from this
country's academic and nongovernment worlds. So many of the
accomplishments of the CIA and the Intelligence Community--
and other departments of our government as well--have come
from the imaginative interaction between our governmental
and nongovernmental scholars and institutions.
This is my first opportunity to participate in the CIA
Guest Speaker Program. Nothing could please me more than
that the speaker whom I am privileged to introduce today is
The Honorable John Kenneth Galbraith, Paul M. Warburg
Professor of Economics Emeritus of Harvard University and
former Ambassador to India.
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Dr. Galbraith's contributions to the economic thought
of our time are so extensive that it is impossible to
enumerate them. No other writer in economics has been able
to present economic ideas so readably and enjoyably, and
probably none can claim a lay audience to equal his. His
book, The Affluent Society, first published in 1958, was
only one of many that opened our eyes to overlooked aspects
of our modern economy. Its title entered the common parlance.
Others that followed, not all on economic subjects, were:
The Liberal House (1960); The McLandress Dimension (1962);
The Scotch (1964); The New Industrial State (1967); A China
Passage (1973); Economics and the Public Purpose (1973); and
Money: Whence It Came, Where It Went (1975).
In 1961 Dr. Galbraith was appointed by President Kennedy
to serve as Ambassador to India where he became, as Presi-
dent Kennedy described him, his "best Ambassador." His
dispatches and cables from India, because of their wit but
also because of their lucidity, earned him an extensive
audience in the foreign affairs community. He recorded that
period of service in Ambassador's Journal: A Personal Account
of the Kennedy Years (1969). As indicative of his wide-
ranging interests, he also used the experiences of this
period to write on Indian Painting: The Scene, Themes and Legends
(1969).
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Dr. Galbraith has been recently engaged in a new and
exciting enterprise--and effort to use the medium of tele-
vision to advance our understanding of the history of
economic ideas and their effect on the political institutions
of their times. The British Broadcasting Corporation engaged
Dr. Galbraith for this series, to serve as a successor to
the great Jacob Bronowski series on science, "The Ascent of
Man." We will shortly see the series here on public tele-
vision under the title "The Age of Uncertainty." Dr. Galbraith
has just published a book of the same name incorporating
many of the ideas of the series.
Dr. Galbraith, we welcome you to the CIA. We know you
are no stranger to intelligence. Your service in World War
II as a director of the Strategic Bombing Survey helped earn
for you the Medal of Freedom from President Truman. Your
presence here today gives us the opportunity to express our
appreciation for the sensitive understanding with which you
approached relationships with our intelligence officers in
India during your years there.
Today intelligence is much concerned with economics as
we see economic concerns touching every aspect of our inter-
national life. We know that we have much to learn from you,
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and it is a pleasure to have you here to discuss the modern
industrial economy. You have been kind to agree to answer
questions at the conclusion of your talk, and I know there
will be many of them.
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policy, economic organization and fiscal policy, and he has written variously on
other matters from politics to painting.
Mr. Galbraith was a member of the campaign staff of Adlai Stevenson in 1952 and
1956, Chairman of the Economic Advisory Committee of the Democratic Advisory Council
form 1956 to 1960, an early supporter of John F. Kennedy, a member of his 1960 convention
staff and later Chairman of Americans for Democratic Action. From the spring of 1961
until mid-1963,he was Ambassador of the United States to India. President Kennedy
once described him as "my best ambassador," Prime Minister Jawaharlal Nehru took
occasion to say of his services: "He is an able and brilliant man,and we are all
grateful for the help he has given India during these last years." An opponent of
the Vietnam war from 1961 on, Professor Galbraith supported Eugene McCarthy in 1968, was
one of his floor managers at Chicago and seconded his nomination. In 1972,he was an
early McGovern suporter and a McGovern delegate.
He has been working since 1973 on a thirteen-pAt television series for the BBC
called "The Age of Uncertainty", a sequel to the Bronowski series on science,
which is being shown in 1977 on British television,on PBS stations in the United
? States and over CBC in Canada. He will publish, at the same time, a book with the
same title which will be an expansion and amplification of the ideas in
the series.
Mr. Galbraith and his wife, Catherine, live at 30 Francis Avenue in Cambridge,
Massachusetts, and they have three sons. He has long been a part-time resident of
Vermont and has done much of his writing in Switzerland. He is described as a
"competent skier."
Mr. Galbraith is a Fellow in literature of the National Institute of Arts and
Letters'; he is a member of the Century Association, the Federal City Club of Washington
and the Saturday Club of Boston. He is a past President of the American Economic
Association.
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John Kenneth Galbraith, Paul M. Warburg Professor of Economics Emeritus at Harvard
University, was born in 1908 in Ontario, Canada; has lived in the United States since
graduating from college in 1931; is a Ph.D. in-economics from the University of California
was Social Science Research Council Fellow at the University of Cambridge in 1937-38;
has taught at the University of California (1933-34), Princeton (1?39-6O) and Harvard
(1934-39, 1948-75); has honorary degrees from California, Michigan, Massachusetts,
Brandeis, Toronto, Annamalai and Mysore in India, Cambridge and Durham in England,
Louvain in Belgium and the University of Paris as well as various other universities.
In 1970 he was elected a Fellow of Trinity College, University of Cambridge. He was
Deputy Administrator of the Office of Price Administration and principally organized
the wartime system of price control which he headed until 1943. Later he was a director
of the U. S. Strategic Bombing Survey and held other public offices and was awarded
the Medal of Freedom by President Truman. He is a farmer editor of Fortune. His
books include AMERICAN CAPITALISM (1952,1955); ECONOMICS AND THE ART OF CONTROVERSY
(1954); THE-GREAT CRASH, 1929 (1955); THE AFFLUENT SOCIETY (1958,1969,1976); THE LIBERAL
HOUR (1960); THE McLANDRESS DIMENSION (a collection of satirical short stories written
under the pseudonym of Mark Epernay) (1962); ECONOMIC DEVELOPMENT (1964); THE SCOTCH
(1964) ; THE NEW INDUSTRIAL STATE (1967,1971) ; THE TRIUMPH (a novel) (1968) ; INDIAN
PAINTING: The Scene, Themes and Legends (1968); AMBASSADOR'S JOURNAL: A Personal
Account of the Kennedy Years (1969); ECONOMICS, PEACE AND LAUGHTER (1971); A CHINA
PASSAGE (1973); ECONOMICS AND THE PUBLIC PURPOSE (1973); MONEY: WHENCE IT CAME,
WHERF IT WENT (1975) and THE AGF OF UNCERTAINTY (1977). In addition, Professor Galbraith
has written short books on HOW TO CONTROL THE MILITARY, HOW TO GFT OUT OF VIETNAM and
WHO NFEDS THE DEMOCRATS? His technical articles cover agricultural economics, price
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SUBJECT: (Optional)
$aept*tps btegMtey
DCI'Introduction of Dr. John Kenneth Galbraith, CIA Guest Speaker
FROM:
EXTENSION
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DD /A Re .st
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rector o
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1026 C Of C
DATE
11 April
1977
TO: (Officer designation, room number, and
building)
DATE
OFFICER'S
COMMENTS (Number each comment to show from whom
INITIALS
to whom. Draw a line across column after each comment.)
RECEIVED
FORWARDED
1.
EO/DDA
A
PR 19"d
~,,--5
Re: CIA Guest Speaker Program -
7D24 Hqs
Dr. John Kenneth Galbraith
2.
12 April 1977
3.
1. As requested, we have asked
Cmdr. Williams
Dr. Galbraith to be here to meet
with the DCI at 1445. I plan to
4,
escort him to the DCI's office.
2. Attached is a suggested
5,
introduction of Dr. Galbraith for
the DCI's use. A copy of the
biography Dr. Galbraith supplied
6.
the Agency is also attached.
3. I will escort the DCI and
7,
Dr. Galbraith to the Auditorium.
4. The lecture begins at 1500
B.
and will last through the question
period, until about 1625. Dr.
Galbraith will be informed of the
9.
cut-off time.
5. We plan to videotape Dr.
10.
Galbraith for use in our training
courses and have his approval.
This will involve videotaping ST
11.
the DCI's introduction.
12.
a wa ter
13.
rector Training
14.
"##
15.
T
T
FORM 61 O USE PREVIOUS SECRET CONFIDENTIAL INTERNAL
3-62 EDITIONS ^ ^ ^ USE ONLY ^ UNCLASSIFIED
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5 APR 1977
The Honorable John enneta Galbraith
207 Littauer Center
Harvard University
Cambridge, MA 02138
bear Dr. Galbraith:
9 DD/A Registry
-/-Jd-0
We at CIA are delighted that you will be with us as CIA
Guest Speaker on Tuesday, 12 April, and are looking forward
with great anticipation to your discussion of "The Valid
Image of the Modern Industrial Lcouoiy.' The lecture will
be held at 3:00 p.m. in the L;IA Headquarters "ditoriun at
Langley. It was kind of you to adjust your schedule to the
regular monthly day for this program-.
I want you to know how grateful I tm to you for the
spirit of concern and helpfulness in which you responded to
our invitation. We value support fro4:~ the acadenic com-
iunity and, even more, the continued exchange of views that
is the purpose of the CIA Guest Speaker Program. We are not
quite so battered in morale as the events of the recent past
might lead you to suppose, but every sin of understanding
and appreciation is heartwarming.
I a looking forward to mooting with you and
introducing you to our employe=es and ucsts from other
agencies of the Intelligence :or.unity. Would it be
possible for you to arrive a few v--iiiutes early so that we
rai2ht have a chance to talk? Our Special Programs Officer,
tells me that she is in touch with your
office about arrangements to meet and bring you here. I
would like to suggest you plan to arrive about 2:40 p.n.
That would necessitate coming for you ai out 2:10 p.m.
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As indicated, the lecture begins at 3:00 p.m. Our
lecturers usually talk for 45 minutes to an hour, and a
question-answer period of about one-half hour follows. You
can expect the program to be over about 4:30 p.m.
Since you are so generous as to donate the honorarium
for this lecture to a charitable cause, we wish that we
could oblige by writing our check directly to the Grace
Cottage Hospital. Unfortunately, we are not permitted to do
so. We will, however, have ready for you two checks in your
name--one covering the honorarium and the second covering
the cost of round-trip air coach travel. I hope this will
be satisfactory.
AT
be in touch with your office with
respect to final arrangements ached, if you
have further questions, on
Yours sincerely,
/s/ Stansf _e1d Turner
STANSPIRLD TURNER
Admiral, U.S. Navy
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JOHN KENNETH GALBRAITH
HARVARD UNIVERSITY
CAMBRIDGE, MASSACHUSETTS
March 14, 1977
Mr. E. H. Knoche
Acting Director
Central Intelligence Agency
Washington, D. C. 20505
Dear Mr. Knoche:
The CIA being less popular these days than when all good
professors were already there, I'm of course obliged (and
delighted) to accept.
But dates are a problem. My spring, because of television,
is full. I will be in Washington for testimony on April 4 and
could remain over for April 5. Is that possible for you? I
hope it is, for it's about my only chance.
I propose to speak on "The Valid Image of Modern Industrial
Economy" or some such.
P. S. My policy on these speeches~to e~rdow Grace Cottage Hospital
in Townshend, Vermont with the proceeds. But you can, of course,
pass it through me.
J.K.G.
JKG/laf
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EzecUtive nogisirv f
The Honorable John Kenneth Galbraith
207 Littauer Center
Harvard University
Cambridge, 1,'A 0138
Dear Dr. Galbraith:
We at CIA are delighted that you will be with us as CIA
Guest Speaker on Tuesday, 12 April, and are looking forward
with great anticipation to your discussion of "The Valid
e of the odern Industrial Economy." The lecture will
be held at 3:00 p.m. in the CIA Headquarters Auditorium at
Langley. It was kind of you to adjust your schedule to the
regular monthly day for-this program.
I want you to know how grateful Admiral Turner and I
are to you for the spirit of concern and helpfulness in
which you responded to our invitation. We value support
from the academic community and, even more, the continued
exchange of views ;that is the purpose of the CIA Guest
Speaker Program. =We are not quite so battered in morale as
the events of thq recent past might lead you to suppose, but
every sign of understanding and appreciation is heartwarming.
Admiral Turner is looking forward to meeting with you
and introducig you to our employees and guests from other
agencies of he Intelligence Community. lie has asked me to
encourage you to arrive a few minutes early so that he might
have a chaise to talk with you. Would it be possible for
you to arr ge to reach our Headquarters at Langley by
2:35 p.m.?` Our Special Programs Officer,
tells me ;that she is in touch with your office about picking
you up l Washington at any point convenient to you. To
reach here by 2:35 p.m. would necessitate coning for you
about 1:10 p.m.
ST
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As indicated, the lecture begins at 3:00 p.m. 9.dr
lecturers usually talk for 45 minutes to an hour, ajrfd a
question-answer period of about one-half hour folYows. You
can expect the program to be over about 4:30
Since you are so generous as to donate A e honorarium
for this lecture to a charitable cause, we -dish that we
could oblige by writing our check directly,` to the Grace
Cottage hospital. Unfortunately, we arefiot permitted to do
so. We will, however, have ready for yp'u two checks in your
name--one covering the honorarium and the second covering
the cost of round-trip air coach travel. I hope this will
be satisfactory.
will be in touch pith your office with
ST
respect to final arrangements but-'may be reached, if you
have further questions, on
:yin cerely,
L. H. Knoche
Distribution:
Orig 1 Addressee
1 - DDCI
Vl - ER
2 - DDA
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JOHN KENNETH GALBRAITH
HARVARD UNIVERSITY
CAMBRIDGE, MASSACHUSETTS
Executive Aegistry
March 1.4, 1977
Mr. E. H. Knoche
Acting Director
Central Intelligence Agency
Washington, D. C. 20505
Dear Mr. Knoche:
The CIA being less popular these days than when all good
professors were already there, I'm of course obliged (and
delighted) to accept.
But dates are a problem. My spring, because of television,
is full. I will be in Washington for testimony on April 4 and
could remain over for April 5. Is that possible for you? I
hope it is, for it's about my only chance.
I propose to speak on "The Valid Image of Modern Industrial
Economy" or some such.
P. S. My policy on these speecheskj,-V to ehdow Grace Cottage Hospital
in Townshend, Vermont with the proceeds. But you can, of course,
pass it through me.
J.K.G.
JKG/laf
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 DD/A Registry
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X17
Dr. John Kenneth Galbraith
Paul M. Warburg Professor of :.:eonoLLuic>
Harvard University
Cambridge, Massachusetts 0213
Dear Professor Galbraith:
The employees of the C ntrail ! itelligence Agency and I
would be honored by -four. ~artic p,i.tioru in the CIA Guest
Speaker Program
.the Agency's lecture series on foreign
affairs. You may recall your corresp
once in July of 1975
f :d-
with our then Special Prograii cer, ~-r. f3engt Herder, on
this subject. His letter reached you, unfortunately, at a
time you were fully engaged with the 3C series. I am
writing now hoping that that inter~esti:~rg enterprise--which
we look forward to seeing--is far enough along to leave you
time for us.
The CIA Guest Speaker Program, now in its fourth year,
was begun under Director Colby's leadership as a way of
improving contact between CIA and the rivate and academic
worlds. It has proved 'a source of ir3_ i ectual stimulus to
our employees and, we think, of pleasure to our speakers.
They have included, to name only a few, .bigniew Brzezinski,
Michael Blumenthal, John Fairbank, and Pt.-ter Peterson.
The program is held on the second Tuesday of the month
at 3:00 p.m. in the CIA Auditorium at `angley. The pattern
of the program is a 45-minute to one-hour talk followed by a
question period of about 30 minutes. In addition to employees
of CIA, guests from other agencies of the Intelligence
Community are invited. We can promise you an interested
audience of about 500.
Because of the difficulty of communicating at such a
distance (I understand that this letter will be forwarded to
London), I am hesitant to suggest a sp=acific date, although
at this writing, the dates of Tuesday, 1e May, and Tuesday,
14 June, are open. If your busy schedule permits an addi-
tional lecture, I would be glad to hav f
our Office of Training get in touch with your Cambridge
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Dr. John Kenneth Galbraith, Paul M. Warburg Professor of
Economics, Harvard University, Cambridge, Massachusetts 02138
office to settle on a mutually convenient date. ST~T
would appreciate at that time being assured tha your
University approves your acceptance of such a speaking
engagement. (This is a procedure now required of us under
Executive Order 11905.)
At the time he wrote you, Mr. f{order suggested the
topic, "Economics: Engine of Political Change." That
strikes me as a subject of continuing interest to us,
although the topic is certainly negotiable.
The CIA Guest Speaker honorarium is $500. In addition,
we would cover the costs of round-trip coach air fare from
Cambridge.
I look forward to heari a from you soon and will hope
for a*favorable reply, may be reached by ST AT
Sincerely,
N7 E. A. gnnrFc
E. H. Knoche
Acting Director
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Dr. John Kenneth Galbraith, Paul M. Warburg Professor of
Economics, Harvard University, Cambridge, Massachusetts 02138
ORIGINATOR-.-
2
5FEB 1977
Marry jam. r1tzwater jute
Director of Training
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