James K. Galbraith

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James K. Galbraith on a panel of the World Trade and Development Conference (2012)

James K. Galbraith ( James Kenneth Galbraith; born January 29, 1952 ) is an American economist . He is currently Professor at the Lyndon B. Johnson School of Public Affairs in the Lloyd M. Bentsen Jr. Chair in Government / Business Relations at the University of Texas at Austin , and a Senior Scholar at the Levy Economics Institute at Bard College .

Life

James K. Galbraith is a son of the well-known US economist John Kenneth Galbraith . He graduated from Harvard and Yale (Ph.D. in Economics, 1981). As a Marshall Scholar , he studied at King's College , Cambridge from 1974 to 1975 before serving in various staff positions at the US Congress , including the position of Executive Director of the Joint Economic Committee.

In 1985 he was a visiting researcher at the Brookings Institution . He directed the LBJ School's Ph.D. program in Public Policy from 1995 to 1997, and continues to lead the Texas Inequality Project, an informal research group based at the LBJ School. He is editor of the journal Structural Change and Economic Dynamics .

Galbraith is considered a representative of on ideas of Hyman Minsky anabolic Modern Monetary Economics .

Regarding the euro crisis , he said: “I don't think people in Germany are really clear about what is going on at their southern borders. And what was presented to the German public as the rescue of Greece or Spain is of course actually the rescue of the banks that have lent money to Greece or Spain. ”In July 2013, Galbraith worked on Version 4.0 of the Modest Proposal for Resolving the Eurozone Crisis with, which the Greek-Australian economist Yanis Varoufakis and the former British politician Stuart Holland first presented in November 2010. Galbraith is also a founding member of the movement Democracy in Europe 2025 (DiEM25) initiated by Yanis Varoufakis in 2016.

Honors

Fonts (selection)

  • Balancing acts. Technology, Finance and the American Future. Basic Books, New York 1989, ISBN 0-465-00584-5
  • with Robert Heilbroner (Ed.): The Economic Problem. Prentice-Hall, Englewood Cliffs 1990, ISBN 0-13-225194-9
  • with William Darity Jr. (Ed.): Macroeconomics. Houghton Mifflin, Boston 1994, ISBN 0-395-52241-2
  • Created Unequal. The Crisis in American Pay. The Free Press, New York 1998, ISBN 0-684-84988-7
  • with Maureen Berner (Ed.): Inequality and Industrial Change. A global view . Cambridge University Press, Cambridge 2001, ISBN 978-0-521-00993-5
  • Unbearable Cost: Bush, Greenspan and the Economics of Empire. Palgrave Macmillan, 2006, ISBN 0230019013
  • Maastricht 2042 and the Fate of Europe: Toward Convergence and Full Employment. Friedrich-Ebert-Stiftung, Bonn 2007, ISBN 978-3-89892-624-9 ( 470 kB )
  • The Predator State. How Conservatives Abandoned the Free Market and Why Liberals Should Too. The Free Press, 2008
  • The looted state or what speaks against the free market. Rotpunktverlag, Zurich 2010, ISBN 978-3-85869-417-1
  • Rethinking growth. What the economy has to learn from the crises. Rotpunktverlag, Zurich 2016, ISBN 978-3-85869-691-5

Web links

Footnotes

  1. ^ Editorial Board , Structural Change and Economic Dynamics, accessed May 10, 2019.
  2. Rainer Sommer: "Modern Monetary Economics" on the way to the economic mainstream? In: Telepolis . September 9, 2010
  3. Roger Strasbourg: Interview with Prof. James K. Galbraith - Part 1 . In: NachDenkSeiten . January 7, 2013 ( PDF; 90 kB )
  4. ^ A Modest Proposal for Resolving the Eurozone Crisis . In: Yanis Varoufakis - thoughts for the post-2008 world
  5. ^ Movement website
  6. ^ Leontief Prize for Advancing the Frontiers of Economic Thought. ase.tufts.edu, accessed October 12, 2015 .