The presidential election of 2016 occurred at the crest of a national debate over economic inequality, deeply researched by economists and sociologists since the 1990s, widely perceived to have risen sharply since the 1970s, and a focus of the first serious left-wing insurgency the Democratic Party in four decades, that of Bernie Sanders. Can class and inequality help explain the election result? The answer appears to be that they can, quite strongly, but in ways that may seem surprising. LBJ Professor James Galbraith discusses.
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Global Finance rates the top financial innovations of the last 30 years, looking at where we are, where we’ve come from and how we got from there to here. LBJ Professor James Galbraith lends his expertise.
LBJ Professor James Galbraith says, "The Republican leaders of Congress killed off that plan months before Trump ever reached the Oval Office. What we are left with is a farce."
To protect the poorest Americans, should central bankers raise interest rates faster? At least one of them is making that argument. LBJ Professor James Galbraith discusses.
LBJ Professor James Galbraith, the son of economist John Galbraith, famous for having worked in the 1930s with President Roosevelt, is a convinced Keynesian. He supports the candidacy of Benoît Hamon, who presents this morning what he will do during the first 100 days following his election.
Earlier this month, a group of conservative statesmen, venture capitalists and mainstream economists calling themselves the Climate Leadership Council (CLC) unveiled a plan which they touted as the perfect vehicle for climate action under a Trump administration. LBJ Professor James Galbraith argues in his book "The End of Normal," there's good reason to doubt the predictive power of all mainstream macroeconomic modelling.
LBJ Professor James Galbraith discusses what's next for the Democratic party.
As eurozone finance ministers head to Brussels on Monday in an attempt to break the standstill on Greece's debt crisis, the best outcome of the meeting would simply be an agreement to continue meeting, experts said.
In examining Greece's economic situation and relationship with Europe, Professor James Galbraith contends that "this is a matter that the Greeks should examine by themselves."
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