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 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


Media MentionMarch 9, 2018
Trump's steel tariffs are mere political theater

The practical effect of the tariffs will be small, so why did Trump do it? The answer is: politics, says LBJ Professor James Galbraith. 

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NewsJanuary 31, 2018
LBJ Faculty React to State of the Union

Tuesday evening President Trump delivered his first State of the Union address. Here, faculty from the LBJ School share their reactions.

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Media MentionJanuary 9, 2018
Economist James K. Galbraith isn’t celebrating Dow 25,000

Pardon James Galbraith if he sits out the celebration of Dow 25,000.

University of Texas economist Galbraith, the son of the famous Harvard economist John Kenneth Galbraith, believes mainstream economists and the Federal Reserve are too wedded to old ideas to see what is really going on in the economy. Specifically, Galbraith is worried that the consumer is the only game in town — and that can’t last.

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