Galbraith, James K. | LBJ School of Public Affairs | The University of Texas at Austin
  • 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 (1996–2016) and directs the University of Texas Inequality Project. He is a managing editor of Structural Change and Economic Dynamics.

From 1993 to 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


January 30, 2019
The best way to measure inequality

James K. Galbraith, the Lloyd M. Bentsen Jr. Chair of Government/Business Relations at the Lyndon B. Johnson School of Public Affairs, the University of Texas at Austin, breaks down his new paper casting doubt on some of the methods of Thomas Piketty and his colleagues.

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Media MentionNovember 25, 2018
James Kenneth Galbraith on inequality, democracy and the impact of the financial crisis on Greece

In this episode, hosts discuss James’ views on the teachings of mainstream economics today, his work on inequality, democracy, the financial crisis of 2008 and the impact it has had on Greece as well as, of course, his father John.

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Media MentionJune 25, 2018
On the anniversary of the minimum wage, we should remember what It embodies

Writing for Fortune, James K. Gailbraith, the Lloyd M. Bentsen Jr. Chair in Government/Business Relations and Professor of Government at the LBJ School of Public Affairs, discusses the history of the minimum wage, and the importance of the fight for a higher minimum wage. 

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