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


NewsApril 17, 2019
Innovation Bound, the annual celebration of LBJ School policy research: April 23, 2019

Core to the LBJ School's mission is "getting it done" — developing solutions to policy problems through scholarship and public discourse. Every year, faculty and students take on research that melds the theoretical and the practical, exploring the world through hands-on field work and data analysis to address issues critical to the health of American democracy and global society. Innovation Bound celebrates the impact, quality and range of the published works of our distinguished scholars.

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Media MentionApril 8, 2019
What if the U.S. really were too full to take new immigrants? We asked business professors

Is this so-called nation of immigrants full? Is there no room for more immigrants? And, if so, what would be the consequences of us being so full that we'd have to cut off new arrivals?

The questions arise because President Donald Trump, who ran on and was elected on immigration-unfriendly policies such as a wall across the southern border, said "our country is full," according to a Fox News interview aired Saturday.

UT Professor James Galbraith says of course it isn't full. 

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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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