James K. Galbraith

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James K. Galbraith


Born
January 29, 1952

Genre


James K. Galbraith isn't a Goodreads Author (yet), but they do have a blog, so here are some recent posts imported from their feed.

Greece Has Made Tough Choices. Now It's the IMF's Turn.

ATHENS -- The IMF and Greece's other creditors have assumed that massive fiscal contraction has only a temporary effect on economic activity, employment and taxes, and that slashing wages, pensions and public jobs has a magical effect on growth. This has proved false. Indeed, Greece's post-2010 adjustment led to economic disaster -- and the IMF's worst predictive failure ever.
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Published on June 17, 2015 05:16
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Quotes by James K. Galbraith  (?)
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“..."extreme capitalism": the obsessive, uncritical penetration of the concept of the market into every aspect of American life, and the attempt to drive out every other institution, including law, art, culture, public education, Social Security, unions, community, you name it. It is the conflation of markets with populism, with democracy, with diversity, with liberty, and with choice---and so the denial of any form of choice that imposes limits on the market. More than that, it is the elimination of these separate concepts from our political discourse, so that we find ourselves looking to the stock market to fund retirement, college education, health care, and having forgotten that in other wealthy and developed societies these are rights, not the contingent outcomes of speculative games.

James K. Galbraith, Lloyd M. Bentsen Jr. Chair in Government/Business Relations and Professor of Government, University of Texas.”
James K. Galbraith

“public debt is private wealth,”
James K. Galbraith, The End of Normal: The Great Crisis and the Future of Growth

“The service and office workers, checkout clerks, account managers, and salespeople whose jobs can be consolidated and rendered redundant by the digital revolution are the modern version of the horses driven off their Depression-era farms.”
James K. Galbraith, The End of Normal: The Great Crisis and the Future of Growth

Topics Mentioning This Author

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