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.

Dr. 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 Sen. Bernie Sanders (I-VT). 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.

Dr. 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

NewsApril 9, 2021
April 9: Faculty Research, Policy Engagement and News

10 features from the week 

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NewsApril 2, 2021
April 2: Faculty Research, Policy Engagement and News

10 features from the week 

  • Patrick Bixler spoke to the Associated Press about philanthropic gifts and scientific discovery after former Google CEO Eric Schmidt and his wife, Wendy, gave $150 million to the Broad Institute of MIT and Harvard for research in biology and AI. 

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Media MentionFebruary 22, 2021
Texas froze by design

In 2002, under Gov. Rick Perry, Texas deregulated its electricity system and established a free market, managed by a non-profit entity, with roughly 70 providers. But while the new system worked most of the time, people need electricity all the time.

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