Education
  • Ph.D., Yale University, 1981
  • M. Phil., Yale University, 1978
  • M.A., Yale University, 1977
  • A.B., Harvard University, 1974
Teaching Areas
  • Economics
  • Social Policy
  • Development Policy

James K. Galbraith holds the Lloyd M. Bentsen Jr. Chair in Government/Business Relations and a professorship of government at the LBJ School of Public Affairs. He holds degrees from Harvard University and Yale University. He studied as a Marshall scholar at King's College, Cambridge in 1974-1975 and then served in several positions on the staff of the U.S. Congress. He directed the LBJ School's Ph.D. program in public policy from 1995 to 1997. He directs the University of Texas Inequality Project, an informal research group based at the LBJ School. Galbraith's most recent book is “Inequality and Instability: A Study of the World Economy Just Before the Great Crisis” (Oxford University Press, 2012). Previous books include “The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too” (Free Press, 2008), “Created Unequal: The Crisis in American Pay (Free Press, 1998) and “Balancing Acts: Technology, Finance and the American Future” (Basic Books, 1989). “Inequality and Industrial Change: A Global View” (Cambridge University Press, 2001) is co-edited with Maureen Berner. He has co-authored two textbooks, “The Economic Problem” with Robert L. Heilbroner and “Macroeconomics” with William Darity Jr. He is a managing editor of Structural Change and Economic Dynamics.

Media Expertise
  • Economic development
  • Economics
  • Inequality

Newsworthy

Media MentionAugust 21, 2017
Krugman's Right, Reagan's Tax Changes Increased Inequality - They Were Meant To As Well

"Paul Krugman doesn't quite get the connection between tax changes and inequality right I'm afraid. He is correct in that the amount of tax being paid by the rich is about the same, those Federal tax rates on them did dip and then climb again, meaning there's not been a great deal of difference over the decades. However, the bit he's missing is that the Reagan tax changes were deliberately engineered in order to increase income inequality. No, really, I've been told this directly by Jamie Galbraith, the person who was working on that 1986 change," writes Tim Worstall in Forbes. 

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Media MentionJuly 5, 2017
INEQUALITY AND THE 2016 ELECTION OUTCOME: A DIRTY SECRET AND A DILEMMA

The presidential election of 2016 occurred at the crest of a national debate over economic inequality,  deeply researched by economists and sociologists since the 1990s, widely perceived to have risen sharply since the 1970s, and a focus of the first serious left-wing insurgency the Democratic Party in four decades, that of Bernie Sanders. Can class and inequality help explain the election result?  The answer appears to be that they can, quite strongly, but in ways that may seem surprising. LBJ Professor James Galbraith discusses. 

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Media MentionJune 15, 2017
Digital Disruption And Creative Destruction

Global Finance rates the top financial innovations of the last 30 years, looking at where we are, where we’ve come from and how we got from there to here. LBJ Professor James Galbraith lends his expertise. 

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