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 MentionJune 25, 2018
The Minimum Wage Just Turned 80. Economists Don’t Give It Enough Credit

LBJ Professor James Galbraith places the impact of the minimum wage in an accessible context. 

 

 

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Media MentionJune 22, 2018
Extreme Inequality Creates Global Disorder

And it’s a problem that can only have a political solution, says LBJ Professor James Galbraith. 

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Media MentionJune 4, 2018
The Fate of Italy and Europe

The North-South-right-left new government poses huge challenges to the continent—not least because in the short term, its economics may work.
 LBJ Professor James Galbraith explains. 

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