Galbraith, James K. | LBJ School of Public Affairs | The University of Texas at Austin
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 at the LBJ School of Public Affairs and a professorship in Government at The University of Texas at Austin.

Galbraith was executive director of the Joint Economic Committee of the U.S. Congress in the early 1980s. He chaired the board of Economists for Peace and Security from 1996–2016 and directs the University of Texas Inequality Project. He is a managing editor of Structural Change and Economic Dynamics.

From 1993–1997, he served as chief technical adviser to China's State Planning Commission for macroeconomic reform, and in 2016 he advised the presidential campaign of Senator Bernie Sanders. In 2014 he was co-winner with Angus Deaton of the Leontief Prize for Advancing the Frontiers of Economics. He holds honorary degrees from the Université Pierre Mendes-France in Grenoble and from the Plekhanov University of Economics in Moscow.

Galbraith's books include Welcome to the Poisoned Chalice: The Destruction of Greece and the Future of Europe (2016); Inequality: What Everyone Needs to Know (2016); The End of Normal:  The Great Crisis and the Future of Growth (2014); Inequality and Instability: A Study of the World Economy Just Before the Great Crisis (2012); The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too (2008); Unbearable Cost: Bush, Greenspan, and the Economics of Empire (2006); Inequality and Industrial Change: A Global View (with M. Berner) (2001); Created Unequal: The Crisis in American Pay (1998); Macroeconomics (with W. Darity Jr.) (1992); and Balancing Acts: Technology, Finance and the American Future (1989).

Media Expertise
  • Economic development
  • Economics
  • Inequality

Newsworthy

Media MentionMay 2, 2018
We Work

James Galbraith explains why the job guarantee deserves a better rap. 

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Media MentionApril 20, 2018
These economists say a $1 trillion deficit is just a good start

A small group of heterodox economists — self-described the “deficit owls” — say that the deficit does not pose a problem, and that the proposals to rein in the deficit represent the real threat to the nation’s well- being. James Galbraith discusses. 

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Media MentionMarch 20, 2018
United Nations International Day Of Happiness Founder Jayme Illien Calls For #TenBillionHappy Humans by 2050 at Annual Meeting Of Over 13,300 of Planet's Brightest Economic Minds

 Just over two months ago, on January 6, 2018. United Nations International Day of Happiness (UNIDOHappiness) founder Jayme Illien celebrated the 2018 new 'Year of Global Happiness' with a global call to action to achieve happiness for all ten billion members of the global human family by 2050.

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