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00:08 James K. Galbraith is professor of Economics and Social Policy at the University of Texas at Austin. From 1993 to 1997 he served as chief technical adviser for Macroeconomic Reform to the State Planning Commission of the People's Republic of China. His latest book, co-authored with Jing Chen, is Entropy Economics: The Living Basis of Value and Production The post James Galbraith on what a trade war with China means appeared first on KPFA.
In which I end my series on David Graeber's Debt, apologize for mistakes, and offer some hope for a new world in which we have more money and less monetarism.Thank you to all of the listeners to this series, and my wonderful lineup of guests: Dirk Ehnts, Eleanor Janega, Cory Doctorow, Bill Maurer, Henry Farrell, James K. Galbraith, Fuad Musallam, Clif Mark, Luke Kemp, John Weisweiler, Chris Isett, and Yanis Varoufakis.The whole series can be found here: https://www.everydayanarchism.com/david-graebers-debt/
Stocks plunged on Thursday and then again on Friday as U.S. trading reacted to President Trump's announcement of heavy tariffs on nearly every nation exporting products to the United States. Trump announced Wednesday he would impose a 10 percent tariff on all imports, with higher rates for key trading partners in response to what the White House considers unfair trade practices. Tariff rates ranged from 20 percent for European Union products to a total tariff of 54 percent on Chinese goods. Guest host Aaron Maté and economist James K. Galbraith discuss what Trump hopes to accomplish with the tariffs and whether he's likely to succeed. Plus segments on Trump's bizarre method for calculating each nation's tariff, auto workers cheering Trump's tariff announcement, Senator Tom Cotton mocking anyone who DOESN'T want to bomb Iran and former Congressman Dennis Kucinich on Democrats' plunging approval ratings. Also featuring Mike MacRae. Plus a phone call from JD Vance!
Host Theo Shouse sits down with economist James K. Galbraith to discuss his latest book, Entropy Economics, which rethinks and rejects orthodox economic concepts like equilibrium by introducing the second law of thermodynamics to the dismal science.
This is episode three Cited Podcast's new season, the Use & Abuse of Economic Expertise. This season tells stories of the political and scholarly battles behind the economic ideas that shape our world. For a full list of credits, and for the rest of the episodes, visit the series page. For much of the 20th century, few economists studied inequality. “Watching the study of inequality was like watching the grass grow,” is the way inequality scholar James K. Galbraith put it to us. Yet, the inequality studies grass is growing today–really, it's something of a lush jungle. Arguably, the return of inequality studies is biggest change that has happened in economics over the last decade or so. Why did it return? Just as importantly, how could it have possibly disappeared? On this episode, we survey the broad political and intellectual history of inequality studies in economics. First, economist Branko Milanovic, author of Visions of Inequality: From the French Revolution to the End of the Cold War, introduces us to a few of the reasons why inequality was marginalized, including the mathematization of the economic mainstream. In short, we sidelined the political in political economy. Then, political theorist Michael Thompson, author of The Politics of Inequality: A Political History of the Idea of Economic Inequality in America, introduces us to the work of Frank Knight and other market-friendly economists who provided ideological justification for widening inequality. Finally, inequality scholar Poornima Paidipaty, speaks to us about the return of inequality studies, particularly through the landmark work of Thomas Piketty. Yet, Paidipaty and her co-author Pedro Ramos Pinto highlight some of the limits of Picketty's vision in their article “Revisiting the “Great Levelling”: The limits of Piketty's Capital and Ideology for understanding the rise of late 20th century inequality.” Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
This is episode three Cited Podcast's new season, the Use & Abuse of Economic Expertise. This season tells stories of the political and scholarly battles behind the economic ideas that shape our world. For a full list of credits, and for the rest of the episodes, visit the series page. For much of the 20th century, few economists studied inequality. “Watching the study of inequality was like watching the grass grow,” is the way inequality scholar James K. Galbraith put it to us. Yet, the inequality studies grass is growing today–really, it's something of a lush jungle. Arguably, the return of inequality studies is biggest change that has happened in economics over the last decade or so. Why did it return? Just as importantly, how could it have possibly disappeared? On this episode, we survey the broad political and intellectual history of inequality studies in economics. First, economist Branko Milanovic, author of Visions of Inequality: From the French Revolution to the End of the Cold War, introduces us to a few of the reasons why inequality was marginalized, including the mathematization of the economic mainstream. In short, we sidelined the political in political economy. Then, political theorist Michael Thompson, author of The Politics of Inequality: A Political History of the Idea of Economic Inequality in America, introduces us to the work of Frank Knight and other market-friendly economists who provided ideological justification for widening inequality. Finally, inequality scholar Poornima Paidipaty, speaks to us about the return of inequality studies, particularly through the landmark work of Thomas Piketty. Yet, Paidipaty and her co-author Pedro Ramos Pinto highlight some of the limits of Picketty's vision in their article “Revisiting the “Great Levelling”: The limits of Piketty's Capital and Ideology for understanding the rise of late 20th century inequality.” Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/history
This is episode three Cited Podcast's new season, the Use & Abuse of Economic Expertise. This season tells stories of the political and scholarly battles behind the economic ideas that shape our world. For a full list of credits, and for the rest of the episodes, visit the series page. For much of the 20th century, few economists studied inequality. “Watching the study of inequality was like watching the grass grow,” is the way inequality scholar James K. Galbraith put it to us. Yet, the inequality studies grass is growing today–really, it's something of a lush jungle. Arguably, the return of inequality studies is biggest change that has happened in economics over the last decade or so. Why did it return? Just as importantly, how could it have possibly disappeared? On this episode, we survey the broad political and intellectual history of inequality studies in economics. First, economist Branko Milanovic, author of Visions of Inequality: From the French Revolution to the End of the Cold War, introduces us to a few of the reasons why inequality was marginalized, including the mathematization of the economic mainstream. In short, we sidelined the political in political economy. Then, political theorist Michael Thompson, author of The Politics of Inequality: A Political History of the Idea of Economic Inequality in America, introduces us to the work of Frank Knight and other market-friendly economists who provided ideological justification for widening inequality. Finally, inequality scholar Poornima Paidipaty, speaks to us about the return of inequality studies, particularly through the landmark work of Thomas Piketty. Yet, Paidipaty and her co-author Pedro Ramos Pinto highlight some of the limits of Picketty's vision in their article “Revisiting the “Great Levelling”: The limits of Piketty's Capital and Ideology for understanding the rise of late 20th century inequality.” Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/intellectual-history
This is episode three Cited Podcast's new season, the Use & Abuse of Economic Expertise. This season tells stories of the political and scholarly battles behind the economic ideas that shape our world. For a full list of credits, and for the rest of the episodes, visit the series page. For much of the 20th century, few economists studied inequality. “Watching the study of inequality was like watching the grass grow,” is the way inequality scholar James K. Galbraith put it to us. Yet, the inequality studies grass is growing today–really, it's something of a lush jungle. Arguably, the return of inequality studies is biggest change that has happened in economics over the last decade or so. Why did it return? Just as importantly, how could it have possibly disappeared? On this episode, we survey the broad political and intellectual history of inequality studies in economics. First, economist Branko Milanovic, author of Visions of Inequality: From the French Revolution to the End of the Cold War, introduces us to a few of the reasons why inequality was marginalized, including the mathematization of the economic mainstream. In short, we sidelined the political in political economy. Then, political theorist Michael Thompson, author of The Politics of Inequality: A Political History of the Idea of Economic Inequality in America, introduces us to the work of Frank Knight and other market-friendly economists who provided ideological justification for widening inequality. Finally, inequality scholar Poornima Paidipaty, speaks to us about the return of inequality studies, particularly through the landmark work of Thomas Piketty. Yet, Paidipaty and her co-author Pedro Ramos Pinto highlight some of the limits of Picketty's vision in their article “Revisiting the “Great Levelling”: The limits of Piketty's Capital and Ideology for understanding the rise of late 20th century inequality.” Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/american-studies
This is episode three Cited Podcast's new season, the Use & Abuse of Economic Expertise. This season tells stories of the political and scholarly battles behind the economic ideas that shape our world. For a full list of credits, and for the rest of the episodes, visit the series page. For much of the 20th century, few economists studied inequality. “Watching the study of inequality was like watching the grass grow,” is the way inequality scholar James K. Galbraith put it to us. Yet, the inequality studies grass is growing today–really, it's something of a lush jungle. Arguably, the return of inequality studies is biggest change that has happened in economics over the last decade or so. Why did it return? Just as importantly, how could it have possibly disappeared? On this episode, we survey the broad political and intellectual history of inequality studies in economics. First, economist Branko Milanovic, author of Visions of Inequality: From the French Revolution to the End of the Cold War, introduces us to a few of the reasons why inequality was marginalized, including the mathematization of the economic mainstream. In short, we sidelined the political in political economy. Then, political theorist Michael Thompson, author of The Politics of Inequality: A Political History of the Idea of Economic Inequality in America, introduces us to the work of Frank Knight and other market-friendly economists who provided ideological justification for widening inequality. Finally, inequality scholar Poornima Paidipaty, speaks to us about the return of inequality studies, particularly through the landmark work of Thomas Piketty. Yet, Paidipaty and her co-author Pedro Ramos Pinto highlight some of the limits of Picketty's vision in their article “Revisiting the “Great Levelling”: The limits of Piketty's Capital and Ideology for understanding the rise of late 20th century inequality.” Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
This is episode three Cited Podcast's new season, the Use & Abuse of Economic Expertise. This season tells stories of the political and scholarly battles behind the economic ideas that shape our world. For a full list of credits, and for the rest of the episodes, visit the series page. For much of the 20th century, few economists studied inequality. “Watching the study of inequality was like watching the grass grow,” is the way inequality scholar James K. Galbraith put it to us. Yet, the inequality studies grass is growing today–really, it's something of a lush jungle. Arguably, the return of inequality studies is biggest change that has happened in economics over the last decade or so. Why did it return? Just as importantly, how could it have possibly disappeared? On this episode, we survey the broad political and intellectual history of inequality studies in economics. First, economist Branko Milanovic, author of Visions of Inequality: From the French Revolution to the End of the Cold War, introduces us to a few of the reasons why inequality was marginalized, including the mathematization of the economic mainstream. In short, we sidelined the political in political economy. Then, political theorist Michael Thompson, author of The Politics of Inequality: A Political History of the Idea of Economic Inequality in America, introduces us to the work of Frank Knight and other market-friendly economists who provided ideological justification for widening inequality. Finally, inequality scholar Poornima Paidipaty, speaks to us about the return of inequality studies, particularly through the landmark work of Thomas Piketty. Yet, Paidipaty and her co-author Pedro Ramos Pinto highlight some of the limits of Picketty's vision in their article “Revisiting the “Great Levelling”: The limits of Piketty's Capital and Ideology for understanding the rise of late 20th century inequality.” Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/politics-and-polemics
This is episode three Cited Podcast's new season, the Use & Abuse of Economic Expertise. This season tells stories of the political and scholarly battles behind the economic ideas that shape our world. For a full list of credits, and for the rest of the episodes, visit the series page. For much of the 20th century, few economists studied inequality. “Watching the study of inequality was like watching the grass grow,” is the way inequality scholar James K. Galbraith put it to us. Yet, the inequality studies grass is growing today–really, it's something of a lush jungle. Arguably, the return of inequality studies is biggest change that has happened in economics over the last decade or so. Why did it return? Just as importantly, how could it have possibly disappeared? On this episode, we survey the broad political and intellectual history of inequality studies in economics. First, economist Branko Milanovic, author of Visions of Inequality: From the French Revolution to the End of the Cold War, introduces us to a few of the reasons why inequality was marginalized, including the mathematization of the economic mainstream. In short, we sidelined the political in political economy. Then, political theorist Michael Thompson, author of The Politics of Inequality: A Political History of the Idea of Economic Inequality in America, introduces us to the work of Frank Knight and other market-friendly economists who provided ideological justification for widening inequality. Finally, inequality scholar Poornima Paidipaty, speaks to us about the return of inequality studies, particularly through the landmark work of Thomas Piketty. Yet, Paidipaty and her co-author Pedro Ramos Pinto highlight some of the limits of Picketty's vision in their article “Revisiting the “Great Levelling”: The limits of Piketty's Capital and Ideology for understanding the rise of late 20th century inequality.” Learn more about your ad choices. Visit megaphone.fm/adchoices
This is episode three Cited Podcast's new season, the Use & Abuse of Economic Expertise. This season tells stories of the political and scholarly battles behind the economic ideas that shape our world. For a full list of credits, and for the rest of the episodes, visit the series page. For much of the 20th century, few economists studied inequality. “Watching the study of inequality was like watching the grass grow,” is the way inequality scholar James K. Galbraith put it to us. Yet, the inequality studies grass is growing today–really, it's something of a lush jungle. Arguably, the return of inequality studies is biggest change that has happened in economics over the last decade or so. Why did it return? Just as importantly, how could it have possibly disappeared? On this episode, we survey the broad political and intellectual history of inequality studies in economics. First, economist Branko Milanovic, author of Visions of Inequality: From the French Revolution to the End of the Cold War, introduces us to a few of the reasons why inequality was marginalized, including the mathematization of the economic mainstream. In short, we sidelined the political in political economy. Then, political theorist Michael Thompson, author of The Politics of Inequality: A Political History of the Idea of Economic Inequality in America, introduces us to the work of Frank Knight and other market-friendly economists who provided ideological justification for widening inequality. Finally, inequality scholar Poornima Paidipaty, speaks to us about the return of inequality studies, particularly through the landmark work of Thomas Piketty. Yet, Paidipaty and her co-author Pedro Ramos Pinto highlight some of the limits of Picketty's vision in their article “Revisiting the “Great Levelling”: The limits of Piketty's Capital and Ideology for understanding the rise of late 20th century inequality.” Learn more about your ad choices. Visit megaphone.fm/adchoices
On Friday, Vice President Kamala Harris delivered a speech in North Carolina outlining her economic platform, including a federal ban on price gouging, expanded tax credits, and more. The proposal to tackle corporate price gouging has sparked significant pushback from both the establishment wing of the Democratic Party and various factions within the Republican Party. About a year ago, we spoke with economist James Galbraith on the back porch of his Vermont childhood home, where he was raised by John Kenneth Galbraith—one of the 20th century's leading policymakers and thinkers on government regulation of prices. Today, we're revisiting that conversation, which originally aired on July 7, 2023.James K. Galbraith is a professor of government and business relations at the University of Texas at Austin. Galbraith has an extensive history of working in government, including as executive director of the Joint Economic Committee of the U.S. Congress and an economist for the House Banking Committee. Galbraith joins Ryan Grim to discuss the implementation of price controls by the U.S. government, how it brings down prices, how the Biden administration has used it and could use it more, and how Galbraith's father — economist and politician John Kenneth Galbraith — was instrumental in setting price controls during World War II. Hosted on Acast. See acast.com/privacy for more information.
James K. Galbraith joins me to discuss the flaws in the field of economics and its pseudoscientific justifications
Host Theo Shouse sits down with Substack writer, former Federal Reserve economist, and Bloomberg opinion columnist Claudia Sahm, to discuss inflation, consumer sentiment, Biden's stimulus package, and the Federal Reserve. References "Decomposing Supply and Demand Driven Inflation" by Adam Shapiro, Federal Reserve Bank of San Francisco "Is the Landing Soft? Will It Stay That Way?" by Paul Krugman, The New York Times "The Quasi-Inflation of 2021-2022: A Case of Bad Analysis and Worse Response" by James K. Galbraith, Institute for New Economic Thinking
Our inaugural episode, hosted by John Harvey, Professor and Hal Wright Chair of Economics at Texas Christian University. Harvey sits down for an in-depth conversation with James K. Galbraith regarding the state of the economics discipline, central bank policy, and more. Recommended readings: "In Defense of Low Interest Rates," Policy Note by James K. Galbraith The Poverty of the World, by Sheyda F. A. Jahanbani The Age of Uncertainty, by John K. Galbraith The Anatomy of Power, by John K. Galbraith
On this edition of Parallax Views, Sohrab Ahmari of the online magazine Compact joins the show to discuss his intriguing new book Tyranny Inc.: How Private Power Crushed American Liberty--and What to Do About It. Sohrab is a self-described "man of the Right". As such one may expect that Tyranny Inc. is another addition to the growing cottage industry conservative diatribes about "woke capitalism". That's what makes the book so interesting though. Rather than offering an extended invective against "woke capital", Ahmari opts instead to offer a surprisingly materialist-based critical analysis of neoliberal capitalism and the darkest consequences of it. One could easily mistake it for having been written by a left-wing thinker. Ahmari even cites such figures associated with broadly leftist tendencies such as Marxist economic geographer David Harvey and economist James K. Galbraith. In this conversation we discuss the key points of his book, his hopes for regulation of the corporate power in America going forward (which could be spearheaded by the political odd couple of Elizabeth Warren and JD Vance), capitalism and atomization, regional capital (small business owners) as the power base of the GOP that prevents Republicans from being a truly working class-friendly party, and, in the latter portion of the conversation, Ahmari's laudable, Catholic-driven opposition to the emergent trend of a racist, social darwinist, and eugenicist segment of the right that he calls the "Nietzschean Right".
Key Insights:* Brad has a new microphone!* Noah has jet lag: he is just back from Japan.* Brad has jet lag: he is just back from Australia.* Perhaps inflation's ebbing has not yet made its way into the minds of people when they answer pollsters.* We reject the hypothesis that it is because of lagging real incomes.* More difficult mortgage borrowing and positive interest payments on car loans are a thing, but really unlikely to be a big thing.* It seems likely that 2024 will be, if not “morning in America” from a consumer confidence in America, a crepuscular pre-dawn lightening in America.* Rick Perlstein's theory: we are replaying the 1970s:* Even in the 1970s, it was not inflation but “social upheaval”* Half “Blacks and women are forgetting their place”* Half “things are very insecure and unsafe”. * The 1970s saw right-wing revolts* The 1970s saw left-wing disillusionment* And then along came inflation!* Is this cycle repeating itself.* Our guess is that “vibecession” has peaked—but we worry that Kyla Scanlon may be right in thinking it has deeper roots. This is a much more unequal society for white guys than we had in the 1970s.* Brad DeLong trusts center-left economists, and they say: (4), (5), (6), and (7).* Noah Smith summarizes: Normie Libs keep winning…* Noah Smith summarizes: Normie Libs keep winning because they mark their beliefs to market and trust empirical data…* Hexapodia!References:* Barry Eichengreen: The US Economy Is Up, so Why Is Biden Down? : ‘The outcome of the US presidential election next year, like most before it, will almost certainly turn on domestic economic conditions, or, more precisely, on perceptions of economic conditions. And recent polling suggests that the disconnect between perception and reality may be President Joe Biden's biggest problem…. Now that personal consumption expenditure inflation is back at roughly 3%, down by nearly two-thirds from its peak, will Biden get more credit for his economic achievements? The answer will turn, first, on whether there is widespread public recognition that inflation has receded. Any such realization will not be immediate…. This slowness of beliefs to adapt to actual economic conditions is likely to be even more pronounced in an era of fake news…* Darren Grant: When it comes to the economy, everything's great and no one's happy : ‘Why a supposedly good economy is making so many people miserable…. Pollsters regularly ask Americans how they think the economy is doing, and whether it is getting better or worse. Both measures have drifted downward since late 2020 and cratered this past year. Everything's amazing, almost—and nobody's happy. This is new. Public opinion had historically followed the business cycle, declining in recessions and improving in expansions like the one we're experiencing now. For observers of the economy, this divergence was akin to being lost in the woods. They trotted out all sorts of explanations for our unexpected pessimism…. What's going on isn't vibes…. People's pay hasn't been keeping pace with inflation…* Mike Konczal: ‘It's tough to judge noise from signal in monthly analysis…. A way to get around monthly myopia: look at longer periods and past used cars and shelter prices. How does 3/6-month ‘supercore' measure look? That's what the Fed is doing, and it looks fantastic. We've seen dips since 2021, but not like this. 3-month lower than prepandemic!…* Paul Krugman: ‘Lots of number-crunching out there , but this was another very good inflation report. The debate over whether disinflation requires a large bulge in unemployment is essentially over. No, it doesn't. But there's still a debate about how we did this, which matters. One story is that disinflation reflects economic normalization—recombobulation after the disruptions of the pandemic. The other is that we've been sliding down a highly nonlinear Phillips curve, which is nearly vertical in a tight labor market. Why this matters: the economy is looking very strong. Atlanta GDPnow at 4.1%! If the Phillips curve is very steep, this could mean reaccelerating inflation. If we're mostly seeing an end to pandemic disruptions, that risk is lower. Not the risks we thought we'd be facing!…* Project Syndicate: The Long Life of Inflation : ‘Michael R. Strain… [says] “underlying inflation is still double the Fed's target” and “financial conditions aren't tightening as much as people assume.”… [The Fed] should continue to raise rates until “there is clear evidence that core inflation is on a path to its 2% target,” even if that makes recession more likely. Mario I. Blejer… and Piroska Nagy Mohácsi… also see serious risks… “distorted incentives and massive inherited imbalances”—fueled partly by populist governance and central-bank interventionism—“any celebration of progress in combating inflation must be cautious indeed.”… Jeffrey Frankel… [says] “inflation need not reach 2% immediately.” By “stabilizing inflation at 3–4%, with 2% as a longer-term goal,” the Fed can avoid “the social costs of a serious contraction.”… “There is no way, under any theory or precedent, that rate hikes beginning in January 2022 could have knocked back inflation by July of the same year,” argues James K. Galbraith…. Current macroeconomic conditions warrant the opposite response: not just “cutting interest rates,” but also “strengthening fiscal support for household incomes and well-paying jobs”…* Kyla Scanlon: Why Do People Think the Economy is Bad?: ‘ 'Genuine answer to a genuine question.... It's all convoluted and loud... and therefore, overwhelming, which creates a sort of mental-checking-out.... I don't want to be all frothy mouth "mainstream media bad" but... there is some stuff to say about coverage.... Lack of safety... stems from general fears over the future that haunt pretty much every generation. The plans are eroding.... Uncertainty around mortgage rates. It's the building blocks of inequality, lack of ownership either of land or a home, lack of community, etc etc.... Soft and hard data has diverged wildly...+, of course:* Vernor Vinge: A Fire Upon the Deep Get full access to Brad DeLong's Grasping Reality at braddelong.substack.com/subscribe
Today, we're sharing an episode of the podcast Deconstructed from our friends over at The Intercept, an award-winning investigative news organization. Centrist and right-wing economists continue to advocate for laying off workers and engineering a recession to address inflation. But why not set price controls instead? This week on Deconstructed, host Ryan Grim is joined by James K. Galbraith, a professor of government and business relations at the University of Texas at Austin. Galbraith has an extensive history of working in government, including as executive director of the Joint Economic Committee of the U.S. Congress and an economist for the House Banking Committee. Galbraith and Grim discuss the implementation of price controls by the U.S. government and how such measures bring down prices. They also explore how the Biden administration could expand its price control efforts, and how Galbraith's father — economist and politician John Kenneth Galbraith — was instrumental in setting price controls during World War II.If you like Lever Time with David Sirota, be sure to check out Deconstructed on all podcast platforms and subscribe.A transcript of this episode is available here.
Centrist and right-wing economists continue to advocate for laying off workers and engineering a recession to address inflation. But why not set commodity price controls instead? This week on Deconstructed, Ryan Grim is joined by James K. Galbraith, a professor of government and business relations at the University of Texas at Austin. Galbraith has an extensive history of working in government, including as executive director of the Joint Economic Committee of the U.S. Congress and an economist for the House Banking Committee. Galbraith and Grim discuss the implementation of price controls by the U.S. government, how it brings down prices, how the Biden administration has used it and could use it more, and how Galbraith's father — economist and politician John Kenneth Galbraith — was instrumental in setting commodity price controls during the post-World War II era.If you'd like to support our work, go to theintercept.com/give, where your donation, no matter what the amount, makes a real difference.And if you haven't already, please subscribe to the show so you can hear it every week. And please go and leave us a rating or a review — it helps people find the show. If you want to give us additional feedback, email us at Podcasts@theintercept.com. Hosted on Acast. See acast.com/privacy for more information.
Patricia & Christian talk to economist and founder of the ground-breaking Modern Money Lab project Professor Steven Hail about the urgency of a swift and just transition to a sustainable economy and examine some of the excuses politicians selectively employ to avoid policymaking as if people and the planet matter. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our patron-only episodes: https://www.patreon.com/posts/57542767 Order the Gower Initiative's “Modern Monetary Theory - Key Insights, Leading Thinkers” (2023): https://www.e-elgar.com/shop/gbp/modern-monetary-theory-9781802208085.html LIVE EVENTS! Details of the MMT Summer school in Poznań, Poland (September 5th-7th): https://fundacjalipinskiego.pl/wydarzenia/mmt-3rd-summer-school-in-poznan/ Website of the 3rd International European MMT Conference (Berlin, September 9th-10th: https://www.mmtconference.eu/ To attend James K. Galbraith's Keynote Lecture, (June 15th, 2023, 1-2:30pm ET) RSVP at the bottom of this page: https://edi.bard.edu/events/ Relevant to this episode: All our episodes with Steven Hail: https://www.patreon.com/posts/43083051 Find out more about Modern Money Lab courses and “Rethinking Capitalism” events here: https://modernmoneylab.org.au/events/ Our two-part interview with Steven explaining the terminology and the mechanics of government bonds: Episode 30 - Understanding Government Bonds (Part 1): https://www.patreon.com/posts/29621245 and episode 31 - Understanding Government Bonds (Part 2):https://www.patreon.com/posts/29829500 Steven mentions Warren Mosler's view on interest rates, and how central bank base rate rises likely have an inflationary bias. For more on that listen to Episode 144 - Warren Mosler: The Natural Rate Of Interest Is Zero: https://www.patreon.com/posts/71966513 For more on the endogenous money view (the non-fringe, very mainstream view that bank loans create deposits, not the other way around), listen to episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 and episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683 Steven mentions the dubious theory that interest rate hikes fight inflation by creating an expectation that inflation will fall (I know, right?) Turns out expectations converge to reality, and not the other way around, as L. Randall Wray explains in episode 163: Breaking Banks - The Fed's Magical Monetarist Thinking Strikes Again: https://www.patreon.com/posts/80479169?pr=true For an intro to MMT: Our first three episodes: https://www.patreon.com/posts/41742417 Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 Quick MMT reads: Warren's Mosler's MMT white paper: http://moslereconomics.com/mmt-white-paper/ Steven Hail's quick MMT explainer: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095 Quick explanation of government debt and deficit: “Some Numbers Are Big. Let Me Help You Get Over It”: https://christreilly.com/2020/02/17/some-numbers-are-big-let-me-help-you-get-over-it/ For a short, non-technical, free ebook explaining MMT, download Warren Mosler's “7 Deadly Innocent Frauds Of Economic Policy” here: http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf Episodes on monetary operations: Episode 20 - Warren Mosler: The MMT Money Story (part 1): https://www.patreon.com/posts/28004824 Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887 Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683 Episode 84 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 1): https://www.patreon.com/posts/46352183 Episode 86 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 2): https://www.patreon.com/posts/46865929 Episodes on inflation: Episode 7: Steven Hail: Inflation, Price Shocks and Other Misunderstandings: https://www.patreon.com/posts/41780508 Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678 Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835 Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379 Episode 128 - L. Randall Wray & Yeva Nersisyan: What's Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558 Our Job Guarantee episodes: Episode 4 - Fadhel Kaboub: What is the Job Guarantee?: https://www.patreon.com/posts/41742701 Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: https://www.patreon.com/posts/36034543 Episode 148 - Pavlina Tcherneva: Why The Job Guarantee Is Core To Modern Monetary Theory: https://www.patreon.com/posts/episode-148-why-73211346 Quick read: Pavlina Tcherneva's Job Guarantee FAQ page: https://pavlina-tcherneva.net/job-guarantee-faq/ More on government bonds (and “vigilantes”): Episode 30 - Steven Hail: Understanding Government Bonds (Part 1):https://www.patreon.com/posts/29621245 Episode 31 - Steven Hail: Understanding Government Bonds (Part 2): https://www.patreon.com/posts/29829500 Episode 143 - Paul Sheard: What Is Quantitative Easing?: https://www.patreon.com/posts/71589989?pr=true Episode 147 - Dirk Ehnts: Do Markets Control Our Politics?: https://www.patreon.com/posts/episode-147-dirk-72906421 Episode 144 - Warren Mosler: The Natural Rate Of Interest Is Zero: https://www.patreon.com/posts/71966513 Episode 145 - John T Harvey: What Determines Currency Prices?: https://www.patreon.com/posts/72283811?pr=true More on Silicon Valley Bank and bank runs: Episode 162 - Warren Mosler: Anatomy Of A Bank Run: https://www.patreon.com/posts/80157783?pr=true Episode 163 - L. Randall Wray: Breaking Banks - The Fed's Magical Monetarist Thinking Strikes Again: https://www.patreon.com/posts/80479169?pr=true Episode 165 - Robert Hockett: Sparking An Industrial Renewal By Building Banks Better: https://www.patreon.com/posts/81084983?pr=true MMT founder Warren Mosler's Proposals for the Treasury, the Federal Reserve, the FDIC, and the Banking System: https://neweconomicperspectives.org/2010/02/warren-moslers-proposals-for-treasury.html MMT Events And Courses In 2023: More information about Professor Bill Mitchell's MMTed project (free public online courses in MMT) here: http://www.mmted.org/ Apply for Dr Dirk Ehnts' Modern Monetary Theory and European Macroeconomics course at Maastricht University (July 31st - August 4th) here: https://maastricht.dreamapply.com/courses/course/183-modern-monetary-theory-and-european-macroeconomics Details of Modern Money Lab's online graduate and postgraduate courses in MMT are here: https://modernmoneylab.org.au/ Details of the MMT Summer school in Poznań, Poland (September 5th-7th): https://fundacjalipinskiego.pl/wydarzenia/mmt-3rd-summer-school-in-poznan/ Website of the 3rd International European MMT Conference (Berlin, September 9th-10th: https://www.mmtconference.eu/ MMT Academic Resources compiled by The Gower Initiative for Modern Money Studies: https://www.zotero.org/groups/2251544/mmt_academic_resources_-_compiled_by_the_gower_initiative_for_modern_money_studies MMT scholarship compiled by New Economic Perspectives: http://neweconomicperspectives.org/mmt-scholarship A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/84572294?pr=true
Patricia & Christian talk to economist and author of “The Case For A Job Guarantee” Professor Pavlina Tcherneva about her chapter in the recently-published “MMT: Key Insights, Leading Thinkers”. Three Lessons From Government Spending And The Post-Pandemic Recovery: (1) The funding is always there. (2) Unemployment is a policy choice. (3) Large government spending is not the inevitable source of inflation. Also under discussion: the US debt ceiling drama, Universal Basic Income and more. Please help sustain this podcast! Patrons get early access to all episodes and patron-only episodes: https://www.patreon.com/MMTpodcast All our episodes in chronological order: https://www.patreon.com/posts/43111643 All our patron-only episodes: https://www.patreon.com/posts/57542767 Order the Gower Initiative's “Modern Monetary Theory - Key Insights, Leading Thinkers” (2023): https://www.e-elgar.com/shop/gbp/modern-monetary-theory-9781802208085.html LIVE EVENTS! Details of the MMT Summer school in Poznań, Poland (September 5th-7th): https://fundacjalipinskiego.pl/wydarzenia/mmt-3rd-summer-school-in-poznan/ Website of the 3rd International European MMT Conference (Berlin, September 9th-10th: https://www.mmtconference.eu/ To attend James K. Galbraith's Keynote Lecture, (June 15th, 2023, 1-2:30pm) RSVP at the bottom of this page: https://edi.bard.edu/events/ Relevant to this episode: All our episodes with Pavlina Tcherneva: https://www.patreon.com/posts/44405631 Quick read: Pavlina Tcherneva's Job Guarantee FAQ page: https://pavlina-tcherneva.net/job-guarantee-faq/ Christian mentions Pavlina's lecture where she describes the “original sin” of money systems (that they necessarily create unemployment). That's in this episode, along with the route to “redemption” - Episode 148 - Pavlina Tcherneva: Why The Job Guarantee Is Core To Modern Monetary Theory: https://www.patreon.com/posts/episode-148-why-73211346 Pavlina mentions the NAIRU (Non-accelerating inflation rate of unemployment). More here: https://en.wikipedia.org/wiki/NAIRU For an intro to MMT: Our first three episodes: https://www.patreon.com/posts/41742417 Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 Quick MMT reads: Warren's Mosler's MMT white paper: http://moslereconomics.com/mmt-white-paper/ Steven Hail's quick MMT explainer: https://theconversation.com/explainer-what-is-modern-monetary-theory-72095 Quick explanation of government debt and deficit: “Some Numbers Are Big. Let Me Help You Get Over It”: https://christreilly.com/2020/02/17/some-numbers-are-big-let-me-help-you-get-over-it/ For a short, non-technical, free ebook explaining MMT, download Warren Mosler's “7 Deadly Innocent Frauds Of Economic Policy” here: http://moslereconomics.com/wp-content/powerpoints/7DIF.pdf Episodes on monetary operations: Episode 20 - Warren Mosler: The MMT Money Story (part 1): https://www.patreon.com/posts/28004824 Episode 126 - Dirk Ehnts: How Banks Create Money: https://www.patreon.com/posts/62603318 Episode 13 - Steven Hail: Everything You Always Wanted To Know About Banking, But Were Afraid To Ask: https://www.patreon.com/posts/41790887 Episode 43 - Sam Levey: Understanding Endogenous Money: https://www.patreon.com/posts/35073683 Episode 84 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 1): https://www.patreon.com/posts/46352183 Episode 86 - Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 2): https://www.patreon.com/posts/46865929 Episodes on inflation: Episode 7: Steven Hail: Inflation, Price Shocks and Other Misunderstandings: https://www.patreon.com/posts/41780508 Episode 65 - Phil Armstrong: Understanding Inflation: https://www.patreon.com/posts/40672678 Episode 104 - John T Harvey: Inflation, Stagflation & Healing The Nation: https://www.patreon.com/posts/52207835 Episode 123 - Warren Mosler: Understanding The Price Level And Inflation: https://www.patreon.com/posts/59856379 Episode 128 - L. Randall Wray & Yeva Nersisyan: What's Causing Accelerating Inflation? Pandemic Or Policy Response?: https://www.patreon.com/posts/63776558 Our Job Guarantee episodes: Episode 4 - Fadhel Kaboub: What is the Job Guarantee?: https://www.patreon.com/posts/41742701 Episode 47 - Pavlina Tcherneva: Building Resilience - The Case For A Job Guarantee: https://www.patreon.com/posts/36034543 Episode 148 - Pavlina Tcherneva: Why The Job Guarantee Is Core To Modern Monetary Theory: https://www.patreon.com/posts/episode-148-why-73211346 Quick read: Pavlina Tcherneva's Job Guarantee FAQ page: https://pavlina-tcherneva.net/job-guarantee-faq/ More on government bonds (and “vigilantes”): Episode 30 - Steven Hail: Understanding Government Bonds (Part 1):https://www.patreon.com/posts/29621245 Episode 31 - Steven Hail: Understanding Government Bonds (Part 2): https://www.patreon.com/posts/29829500 Episode 143 - Paul Sheard: What Is Quantitative Easing?: https://www.patreon.com/posts/71589989?pr=true Episode 147 - Dirk Ehnts: Do Markets Control Our Politics?: https://www.patreon.com/posts/episode-147-dirk-72906421 Episode 144 - Warren Mosler: The Natural Rate Of Interest Is Zero: https://www.patreon.com/posts/71966513 Episode 145 - John T Harvey: What Determines Currency Prices?: https://www.patreon.com/posts/72283811?pr=true More on Silicon Valley Bank and bank runs: Episode 162 - Warren Mosler: Anatomy Of A Bank Run: https://www.patreon.com/posts/80157783?pr=true Episode 163 - L. Randall Wray: Breaking Banks - The Fed's Magical Monetarist Thinking Strikes Again: https://www.patreon.com/posts/80479169?pr=true Episode 165 - Robert Hockett: Sparking An Industrial Renewal By Building Banks Better: https://www.patreon.com/posts/81084983?pr=true MMT founder Warren Mosler's Proposals for the Treasury, the Federal Reserve, the FDIC, and the Banking System: https://neweconomicperspectives.org/2010/02/warren-moslers-proposals-for-treasury.html MMT Events And Courses In 2023: More information about Professor Bill Mitchell's MMTed project (free public online courses in MMT) here: http://www.mmted.org/ Apply for Dr Dirk Ehnts' Modern Monetary Theory and European Macroeconomics course at Maastricht University (July 31st - August 4th) here: https://maastricht.dreamapply.com/courses/course/183-modern-monetary-theory-and-european-macroeconomics Details of Modern Money Lab's online graduate and postgraduate courses in MMT are here: https://modernmoneylab.org.au/ Details of the MMT Summer school in Poznań, Poland (September 5th-7th): https://fundacjalipinskiego.pl/wydarzenia/mmt-3rd-summer-school-in-poznan/ Website of the 3rd International European MMT Conference (Berlin, September 9th-10th: https://www.mmtconference.eu/ MMT Academic Resources compiled by The Gower Initiative for Modern Money Studies: https://www.zotero.org/groups/2251544/mmt_academic_resources_-_compiled_by_the_gower_initiative_for_modern_money_studies MMT scholarship compiled by New Economic Perspectives: http://neweconomicperspectives.org/mmt-scholarship A list of MMT-informed campaigns and organisations worldwide: https://www.patreon.com/posts/47900757 We are working towards full transcripts, but in the meantime, closed captions for all episodes are available on our YouTube channel: https://www.youtube.com/channel/UCEp_nGVTuMfBun2wiG-c0Ew/videos Show notes: https://www.patreon.com/posts/84268974?pr=true
This week on Facing the Future, we're on the road in Austin Texas for a panel discussion on America's long-term economic outlook. We hear from University of Texas economist and public policy professor James K. Galbraith, who says we need to get used to America not dominating global economic and military matters, and Will Marshall, founder and president of the Progressive Policy Institute, who says big tech are the innovators of our time and we need to focus more investment on non-college education and training for the jobs of the future.
This week on Facing the Future, we're on the road in Austin Texas for a panel discussion on the long-term economic outlook for the United States. We hear from University of Texas economist and public policy professor James K. Galbraith, who says we need to get used to America not dominating global economic and military matters, and Will Marshall, founder and president of the Progressive Policy Institute, who says big tech are the innovators of our time and we need to focus more investment on non-college education and training for the jobs of the future.
James K. Galbraith holds the Lloyd M. Bentsen Jr. Chair in Government/Business Relations at the Lyndon B. Johnson School of Public Affairs and a professorship in Government at The University of Texas at Austin. He was executive director of the Joint Economic Committee of the United States Congress in the early 1980s. He chaired the board of Economists for Peace and Security from 1996 to 2016 and directs the University of Texas Inequality Project. He is a managing editor of Structural Change and Economic Dynamics.From 1993 to 1997 Galbraith served as chief technical adviser for macroeconomic reform to the State Planning Commission of the People's Republic of China. In 2010, he was elected to the Accademia Nazionale dei Lincei. In 2014 he was co-winner of the Leontief Prize for Advancing the Frontiers of Economics. In 2020 he received the Veblen-Commons Award of the Association for Evolutionary Economics. He holds degrees from Harvard University (AB, magna cum laude), in economics from Yale University (M.A., M.Phil, Ph.D.), and academic honors from universities in Ecuador, France and the Russian Federation. He is a Marshall Scholar, a life member of the Council on Foreign Relations and the Texas Philosophical Society, and a member of the Free Economic Society, an organization of economists in Russia, chartered by Catherine the Great in 1765. CONTRIBUTE A note from Lev:I am a high school teacher of history and economics at a public high school in NYC, and began the podcast to help demystify economics for teachers. The podcast is now within the top 2.5% of podcasts worldwide in terms of listeners (per Listen Notes) and individual episodes are frequently listed by The Syllabus (the-syllabus.com) as among the 10 best political economy podcasts of a particular week. The podcast is reaching thousands of listeners each month. The podcast seeks to provide a substantive alternative to mainstream economics media; to communicate information and ideas that contribute to equitable and peaceful solutions to political and economic issues; and to improve the teaching of high school and university political economy. I am looking to be able to raise money in order to improve the technical quality of the podcast and website and to further expand the audience through professionally designed social media outreach. I am also hoping to hire an editor. Our goal is to raise $12,000 this year. If you can donate a few dollars each month it will help us reach that goal. And if you know of a family foundation that might be interested in donating to A Correction please be in touch. Thank you! (And a huge thank you to all of the people who have already supported the podcast!)Best, Lev
James K. Galbraith discusses the shift of US capitalism from an industrial state to what he calls a predator state: a finance-led, military-centered corporate republic that continues to prevail. To overcome it, he lays out what is needed to focus on employment, stability and adjustments to rising resource costs. Lynn Fries interviews Galbraith on GPEdocs.
April interview with economist James K. Galbraith on his article "Who's Afraid of MMT?" for Project Syndicate. Suggested by listeners Joel G. and Koffie.
Tonight on the Last Word: The Biden administration is working to unite Democrats on infrastructure bills. Also, Sen. Joe Manchin supports the Democratic-only infrastructure reconciliation bill. Plus, Rep. Val Demings discusses the need to eliminate the Senate filibuster to overcome GOP obstruction and pass the Biden agenda. Donald Trump attacks former Attorney General Bill Barr for refuting election lies. And the pandemic rages worldwide as the U.S. offers incentives for the Covid-19 vaccine. Rep. Katie Porter, Jonathan Kott, Maria Teresa Kumar, Andrew Weissmann and James K. Galbraith also join Lawrence O'Donnell.
US President Joe Biden’s public-investment proposal is undoubtedly ambitious – and highly controversial. But it may also be the key to putting the US economy on the path toward a more sustainable, equitable, and prosperous future. Here to help us understand the American Jobs Plan – and the debate surrounding it – is James Galbraith. Galbraith is an economist and professor of government at the Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin. He is also the author of Inequality: What Everyone Needs to Know.
Economist James K. Galbraith on modern monetary theory, public spending and possibility of post-neoliberal policy, and his article "Who's Afraid of MMT?" for Project Syndicate. https://www.project-syndicate.org/commentary/why-central-bankers-fear-modern-monetary-theory-by-james-k-galbraith-2020-12
University of Texas economist James K. Galbraith engages in a wide-ranging discussion of the many ways in which conventional economics has failed us, ranging from how to manage the post-pandemic economy, the role of finance, to the problems of inequality and climate change.
durée : 00:58:38 - Entendez-vous l'éco ? - par : Tiphaine de Rocquigny, Marguerite Catton - Pendant que les dernières urnes finissent d'être dépouillées de l'autre côté de l'Atlantique, nous revenons sur le rôle de l'économie dans cette élection présidentielle américaine hors normes. - réalisation : Anne Depelchin, Philippe Baudouin - invités : James K. Galbraith économiste, professeur à l'Université du Texas; Florence Pisani économiste, directrice de la recherche économique à Candriam (société de gestion d’actifs), co-auteure avec Anton Brender de « L’économie américaine », ed. La découverte / collection Repères, enseigne à l’Université Paris-Dauphine.; Thérèse Rebière Maître de conférence en économie au CNAM et chercheuse au Centre d’études de l’emploi et du travail
At the beginning of the pandemic, many in the US seemed to view public health measures like lockdowns and social distancing and economic recovery as a tradeoff. But economist Dr. James Galbraith says this is an incorrect assumption, and that early failures to contain the virus mean the US now has uncontrolled spread and a less resilient economy. Galbraith talks with Dr. Josh Sharfstein about the current state of the US economy, the failure of the government to launch an effective public health response, why another shutdown may be necessary, and what we need to think about to address urgent economic impacts to low-income and minority populations hit hard by the pandemic.
FEPS Secretary General László Andor speaks with Prof. James K. Galbraith (University of Texas at Austin). They discuss the extraordinary economic crisis of 2020: how it compares to the previous Great Recession, and where a comparative assessment of the US and EU experiences of crisis response would lead to. Have politicians learned anything from the previous crises and the consequences of those? Is there a connection between the COVID-19 recession and the new wave of protest movements against racism and police brutality in the United States? Prof. Galbraith clarifies whether there is a link between Donald Trump and the current wave of anti-racist demonstrations, provides a succinct description of the emerging Democratic campaign and also elaborates on the meaning of progressive reform in the US.
durée : 00:14:59 - James K. Galbraith : "Nous sommes face à une crise fondamentale du modèle capitaliste" - Economie |Chaque vendredi, une grande figure de l'économie décrypte cette crise inédite. Crise sanitaire d'abord, mais aussi crise de production, de consommation, voire de modèle économique. Tiphaine de Rocquigny, productrice de l'émission "Entendez-vous l'éco ?", s'entretient avec l'économiste américain James K. Galbraith.
Suzi talks to James K. Galbraith on the economic policies we need, and Aaron Benanav on the crisis of unemployment. James K Galbraith responds to the multiple crises and challenges brought by the coronavirus pandemic, laying out the economic policy we need now, and the mobilization necessary to get it. He proposes concrete measures, like a Health Finance Corporation, that could be an efficient one-stop shop for all the resources needed. We ask why the economy as currently organized has been unable to deal with the challenges of the pandemic. Galbraith's watchwords: solidarity, organization, and determination. Aaron Benanav writes about employment, especially the irregular, informal and precarious forms of employment — the ones that fall through the large holes in the shredded safety net. His article, “Crisis and Recovery” looks at the cataclysmic economic crisis unfolding in tandem with the public health crisis. We get his findings.
What would a Great Depression/World War II-like mobilization of American society look like if we were to attempt to fix our country and society today in the midst of the pandemic? Do we, as Americans, have the will, the ideas, the courage or the leadership to care for the sick, protect the vulnerable, and then, revitalize our economy and fix the ugly aspects of our society that Covid-19 has exposed? Michael discusses these big issues with James K. Galbraith, a scholar, author and one of the pre-eminent economists of our time. Generations ago, when America faced the fallout of the Great Depression and World War II, James' father, John Kenneth Galbraith was the legendary economic thinker who Roosevelt, Truman and Kennedy turned to help steer America and and re-shape the post-war society. ************** Protect Your Online Privacy with ExpressVPN! Get 3 extra months free with 12-month plan (Limited-time offer for Rumble with Michael Moore listeners) https://www.expressvpn.com/rumble ************** During the discussion, the work James' children are doing was mentioned. The music for this episode is a song called "Sicilienne," by Eve Galbraith https://soundcloud.com/user-479110316/sicilienne Eli Galbraith his wife Krista are the couple in Brattleboro, Vermont that have converted their tailoring shop for the transgender community, Shapeshifters Ltd, to medical mask-making to supply the local hospitals. Visit them here: https://twitter.com/ShapeshiftersCB/status/1243336310221344772 Doug Galbraith is a cook in Portland, and has thrown himself into fundraising to get food money out to unemployed service workers in his city. The link is here: https://www.gofundme.com/f/pdx-food-chain *************** Check out some of James Galbraith's books here: https://bookshop.org/lists/rumble-with-michael-moore-guest-books --- Send in a voice message: https://anchor.fm/rumble-with-michael-moore/message
(Kijkt u mee! Voor uw eigen onderzoek staan ook bij deze aflevering, onder de tekst meerdere links ter verwijzing) De ‘groene revolutie’ is vooral een financiële revolutie. Het redden van de gefinancialiseerde kapitalisme staat daarbij voorop. De geplande biljoenenuitgaven voor het reduceren van CO2 dienen niet primair om de planeet te redden. De banken staan door ongecontroleerde ophoping van derivaten aan het begin van opnieuw een zware crisis. Dat zijn de werkelijke motieven. Dit is in eerste aflevering waarin Karel van Wolferen vooral ingaat op de door grote bankiers en big oil in de tachtiger jaren begonnen campagne om regeringen en bevolkingen ervan te overtuigen dat de door de mens veroorzaakte CO2 uitstoot maatschappelijke offers zal gaan vergen. Dit is een van de grootste misleidingen in de recente geschiedenis. In een tweede aflevering zal vooral Sander Boon ingaan op mogelijke alternatieve manieren waarop de bankencrisis mischien tegemoet kan worden gekomen. Karel van Wolferens literatuur selectie voor beter begrip van dit onderwerp: Adam Lebor: Tower of Basel (over de BIS de paraplu met veel controle over de grootste banken) Michael Hudson: Killing the Host (over hoe financiële parasieten en schuld onderwerping de mondiale economie vernietigen). Maurizio Lazzarato The Making of the Indebted Man (over de dominante factor van schuld in het gefinancializeerde capitalisme) Yanis Varoufakis: Adults in the Room (over het gevecht tegen de geheime Atlantische financiële machten) David Graeber Debt, The First 5,000 Years (over het fenomeen schuld en historische kwijtschelding) Susan Strange Casino Capitalism (het klassieke boek over het uitgebreide gok element in het gefinancializeerde capitalisme) James K. Galbraith: The Predator State (over de intervlechting tussen openbare en particuliere sectoren) Links ter verwijzing: Sander Boon: https://www.geotrendlines.nl/klimaatakkoord-als-vorm-van-fiscale-stimulering/ http://www.novini.nl/greta-thunberg-professionele-mediahype-van-grote-spelers/ https://www.corbettreport.com/pay-up-or-the-earth-gets-it-propagandawatch/ (met veel links naar verdere edities en aanverwant onderzoek) https://www.amazon.com/Human-Caused-Global-Warming-Ball/dp/1773021303/ref=sr_1_1?keywords=tim+ball&qid=1562838106&s=books&sr=1-1 https://www.amazon.com/Politically-Incorrect-Climate-Change-Guides/dp/1621576760/ref=sr_1_1?keywords=marc+morano&qid=1562838276&s=books&sr=1-1 https://www.climategate.nl/author/hanslabohm/
SPEAKERS James K. Galbraith Lloyd M. Bentsen Jr. Chair in Government and Business Relations, the LBJ School of Public Affairs; Professorship in Government, the University of Texas at Austin Hans D. Sluga Professor of Philosophy, UC Berkeley This program was recorded in front of a live audience at The Marin Outdoor Arts Club in Mill Valley, California on June 5th, 2019.
In late May, millions of Europeans will head to the voting booth for elections that will determine the future of the European Union (EU). As the Brexit controversy deepens and a violent populism rises in several European countries, this year's parliamentary elections will be decisive for the EU's survival and instrumental in how major powers, including the United States, are affected. Please join renowned economist, academic and author James K. Galbraith in a discussion of economics, politics and the state of the European continent after the critical elections. He will be in conversation with the UC Berkeley philosopher Hans Sluga, an expert in political philosophy, to celebrate the book launch of A Vision for Europe: an international collaboration of writers, theorists, artists, political leaders and activists who have joined forces in one groundbreaking volume of exclusive writing to show how the rising tides of nationalism can be tempered; the migration crisis managed; climate change combatted; and a better, fairer democracy built for all Europeans. The book, with additional contributions from leading political and cultural figures across the globe, including Yanis Varoufakis, Naomi Klein, Slavoj Zizek, Elif Shafak, Ken Loach and Jeffrey Sachs, will be available at the event. Overview of Speakers: James Kenneth Galbraith is a professor at the Lyndon B. Johnson School of Public Affairs and the University of Texas as well as a member of the Executive Committee of the World Economics Association. A prolific writer whose work has been featured in The Nation, The New York Times and The Washington Post, his books include The Predator State (2008), Inequality and Industrial Change (2001), and Created Unequal: The Crisis in American Pay (1998). Hans D. Sluga is an academic specializing in analytic and political philosophy who has taught and lectured for the University of California and University College London. His writing has appeared in numerous academic journals and collections across the world in multiple languages, and his books include Politics and the Search for the Common Good (2014), The Cambridge Companion to Wittgenstein (1996), and Philosophy and Politics in Nazi Germany (1993). Learn more about your ad choices. Visit megaphone.fm/adchoices
The Greek economic crisis: Roundtable with economist James K. Galbraith
Listen back to our Views and Brews discussion on “The Funhouse Mirror of Political Polarization.” KUT’s Rebecca McInroy talks with political analyst Joan Walsh, documentarian Paul Stekler and economist James K. Galbraith about the role the economy and the political landscape play in shaping identity and ideology in America today.
Listen back to our Views and Brews discussion on “The Funhouse Mirror of Political Polarization.” KUT’s Rebecca McInroy talks with political analyst Joan Walsh, documentarian Paul Stekler and economist James K. Galbraith about the role the economy and the political landscape play in shaping identity and ideology in America today.
How is violence perpetuated through economic sanctions, the media, and political decisions and what real peace might look like? Join KUT’s Rebecca McInroy along with writer and the Executive Director of the US Campaign for Palestinian Rights, Yousef Munayyer, and economist James K. Galbraith to talk about understanding violence today.
How is violence perpetuated through economic sanctions, the media, and political decisions and what real peace might look like? Join KUT’s Rebecca McInroy along with writer and the Executive Director of the US Campaign for Palestinian Rights, Yousef Munayyer, and economist James K. Galbraith to talk about understanding violence today.
How is violence perpetuated through economic sanctions, the media, and political decisions and what real peace might look like? Join KUT’s Rebecca McInroy along with writer and the Executive Director of the US Campaign for Palestinian Rights, Yousef Munayyer, and economist James K. Galbraith to talk about understanding violence today.
How is violence perpetuated through economic sanctions, the media, and political decisions and what real peace might look like? Join KUT’s Rebecca McInroy along with writer and the Executive Director of the US Campaign for Palestinian Rights, Yousef Munayyer, and economist James K. Galbraith to talk about understanding violence today.
Dr. James Galbraith was kind enough to join me on the show this week to discuss macroeconomics. We talked about measures of economic output and inequality such as GDP, GINI Coefficient, and Theil Index. Dr. Galbraith also walked me through the broad strokes of Modern Monetary Theory, the national debt and the national deficit. 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. http://utip.lbj.utexas.edu/ https://lbj.utexas.edu/directory/faculty/james-galbraith https://en.wikipedia.org/wiki/James_K._Galbraith https://www.amazon.com/s/ref=nb_sb_ss_c_1_13?url=search-alias%3Daps&field-keywords=james+k.+galbraith&sprefix=james+k.+galb%2Caps%2C542&crid=2C89HEOOFKBFV
KUT’s Rebecca McInroy hosts the eminent economist James K. Galbraith, and retired U.S. Army Intelligence Officer, historian, and author of JFK and Vietnam, Dr. John Newman. What was Oswald’s relationship with the CIA? What role did Eisenhower play in the assassination of John F. Kennedy? And what do we know and still need to know about this...
KUT’s Rebecca McInroy hosts the eminent economist James K. Galbraith, and retired U.S. Army Intelligence Officer, historian, and author of JFK and Vietnam, Dr. John Newman. What was Oswald’s relationship with the CIA? What role did Eisenhower play in the assassination of John F. Kennedy? And what do we know and still need to know about this […]
Tom Philpott of Mother Jones Magazine and KUT’s The Secret Ingredient leads the conversation with eminent economist James K. Galbraith and Michael Lind, co-founder of New America.
Tom Philpott of Mother Jones Magazine and KUT’s The Secret Ingredient leads the conversation with eminent economist James K. Galbraith and Michael Lind, co-founder of New America.
From The New Deal until the present moment the architecture of The United States formed around some basic principles of public policy; principles that will no longer apply under a Trump administration. With all the questions that are on the table when it comes to this transition, Dr. James K. Galbraith asks: “Is the study […]
From The New Deal until the present moment the architecture of The United States formed around some basic principles of public policy; principles that will no longer apply under a Trump administration. With all the questions that are on the table when it comes to this transition, Dr. James K. Galbraith asks: “Is the study...
From The New Deal until the present moment the architecture of The United States formed around some basic principles of public policy; principles that will no longer apply under a Trump administration. With all the questions that are on the table when it comes to this transition, Dr. James K. Galbraith asks: “Is the study...
The story of sugar in the Western world is sordid and bitter, however this past gets quickly candy coated in our day-to-day lives as consumers. In this special op-ed from the eminent economist, writer and historian James K. Galbraith, we get a peak into the sickly underbelly of the sociopolitical and economic past of sugar.
The story of sugar in the Western world is sordid and bitter, however this past gets quickly candy coated in our day-to-day lives as consumers. In this special op-ed from the eminent economist, writer and historian James K. Galbraith, we get a peak into the sickly underbelly of the sociopolitical and economic past of sugar.
The story of sugar in the Western world is sordid and bitter, however this past gets quickly candy coated in our day-to-day lives as consumers. In this special op-ed from the eminent economist, writer and historian James K. Galbraith, we get a peak into the sickly underbelly of the sociopolitical and economic past of sugar.
Greece was all over the news in 2014 and 2015. You might remember hearing about the new radical left party Syriza, the referendum, the violence in the streets, the German banks, the flamboyant finance minister Yanis Varoufakis. So what happened? Mistrusting the mainstream narrative coming from western media outlets, and suspicious of the abrupt end of most news coverage we decided we'd travel to Athens and see for ourselves what was going on in the aftermath of the tumultuous events which have been building up over the last few years in Greece. From the streets of Athens with our host Yianni Litovchenko from Alternative Tours of Athens, to the apartment of the Greek activist Maria Scordialos, to the economic analysis of James K. Galbraith, to the Refugee Accommodation and Solidarity Space City Plaza. Join us. Featuring: Maria Scordialos - Greek activist and co-founder of The Living Wholeness Institute James Galbraith - American economist, founding DiEM25 member, and advisor to Yannis Varoufakis Yianni Litovchenko - Member of the Alternative Tours of Athens cooperative Margarita - Volunteer at the Refugee Accommodation & Solidarity Space City Plaza Music: The Rembetika Hipsters A. Kostis (Thanks to Olvido Records) Upstream is a labor of love — we couldn't keep this project going without the generosity of our listeners and fans. Please consider making a tax-deductible donation to Upstream. Thank you!www.upstreampodcast.org/support Also, don't forget to subscribe, rate, and review the show on iTunes. https://itunes.apple.com/us/podcast/upstream/id1082594532?mt=2 For more from Upstream, visit www.upstreampodcast.org and follow us on social media: Facebook.com/upstreampodcast Twitter: @upstreampodcast Instagram.com/upstreampodcast
Greece was all over the news in 2014 and 2015. You might remember hearing about the new radical left party Syriza, the referendum, the violence in the streets, the German banks, the flamboyant finance minister Yanis Varoufakis. So what happened? Mistrusting the mainstream narrative coming from western media outlets, and suspicious of the abrupt end of most news coverage we decided we'd travel to Athens and see for ourselves what was going on in the aftermath of the tumultuous events which have been building up over the last few years in Greece. From the streets of Athens with our host Yianni Litovchenko from Alternative Tours of Athens, to the apartment of the Greek activist Maria Scordialos, to the economic analysis of James K. Galbraith, to the Refugee Accommodation and Solidarity Space City Plaza. Join us. Featuring: Maria Scordialos - Greek activist and co-founder of The Living Wholeness Institute James Galbraith - American economist, founding DiEM25 member, and advisor to Yannis Varoufakis Yianni Litovchenko - Member of the Alternative Tours of Athens cooperative Margarita - Volunteer at the Refugee Accommodation & Solidarity Space City Plaza Music: The Rembetika Hipsters A. Kostis (Thanks to Olvido Records) Upstream is a labor of love — we couldn't keep this project going without the generosity of our listeners and fans. Please consider making a tax-deductible donation to Upstream. Thank you!www.upstreampodcast.org/support Also, don't forget to subscribe, rate, and review the show on iTunes. https://itunes.apple.com/us/podcast/upstream/id1082594532?mt=2 For more from Upstream, visit www.upstreampodcast.org and follow us on social media: Facebook.com/upstreampodcast Twitter: @upstreampodcast Instagram.com/upstreampodcast
Greece was all over the news in 2014 and 2015. You might remember hearing about the new radical left party Syriza, the referendum, the violence in the streets, the German banks, the flamboyant finance minister Yanis Varoufakis. So what happened? Mistrusting the mainstream narrative coming from western media outlets, and suspicious of the abrupt end of most news coverage we decided we'd travel to Athens and see for ourselves what was going on in the aftermath of the tumultuous events which have been building up over the last few years in Greece. From the streets of Athens with our host Yianni Litovchenko from Alternative Tours of Athens, to the apartment of the Greek activist Maria Scordialos, to the economic analysis of James K. Galbraith, to the Refugee Accommodation and Solidarity Space City Plaza. Join us. Featuring: Maria Scordialos - Greek activist and co-founder of The Living Wholeness Institute James Galbraith - American economist, founding DiEM25 member, and advisor to Yannis Varoufakis Yianni Litovchenko - Member of the Alternative Tours of Athens cooperative Margarita - Volunteer at the Refugee Accommodation & Solidarity Space City Plaza Music: The Rembetika Hipsters A. Kostis (Thanks to Olvido Records) Upstream is a labor of love — we couldn't keep this project going without the generosity of our listeners and fans. Please consider making a tax-deductible donation to Upstream. Thank you!www.upstreampodcast.org/support Also, don't forget to subscribe, rate, and review the show on iTunes. https://itunes.apple.com/us/podcast/upstream/id1082594532?mt=2 For more from Upstream, visit www.upstreampodcast.org and follow us on social media: Facebook.com/upstreampodcast Twitter: @upstreampodcast Instagram.com/upstreampodcast
James K. Galbraith is an advisor to former Greek Finance Minister Yanis Varoufakis. He is also a founding member of DiEM25, an economist who writes often for the popular press, and a professor at the University of Texas at Austin. We spoke about the Greek debt crisis, inequality, and U.S. politics.
James K. Galbraith is an advisor to former Greek Finance Minister Yanis Varoufakis. He is also a founding member of DiEM25, an economist who writes often for the popular press, and a professor at the University of Texas at Austin. We spoke about the Greek debt crisis, inequality, and U.S. politics.
James K. Galbraith is an advisor to former Greek Finance Minister Yanis Varoufakis. He is also a founding member of DiEM25, an economist who writes often for the popular press, and a professor at the University of Texas at Austin. We spoke about the Greek debt crisis, inequality, and U.S. politics.
In this episode of Views & Brews, KUT’s Rebecca McInroy joins the hosts of KUT’s The Secret Ingredient podcast, Tom Philpott and Raj Patel, as they sit down with the eminent economist James K. Galbraith author of the forthcoming “Welcome to the Poisoned Chalice: The Destruction of Greece and the Future of Europe” to talk inequality, the Greek...
In this episode of Views & Brews, KUT’s Rebecca McInroy joins the hosts of KUT’s The Secret Ingredient podcast, Tom Philpott and Raj Patel, as they sit down with the eminent economist James K. Galbraith author of the forthcoming “Welcome to the Poisoned Chalice: The Destruction of Greece and the Future of Europe” to talk inequality, the Greek […]
In this episode of Views & Brews, KUT’s Rebecca McInroy joins the hosts of KUT’s The Secret Ingredient podcast, Tom Philpott and Raj Patel, as they sit down with the eminent economist James K. Galbraith author of the forthcoming “Welcome to the Poisoned Chalice: The Destruction of Greece and the Future of Europe” to talk inequality, the Greek […]
In this episode of Views & Brews, KUT’s Rebecca McInroy joins the hosts of KUT’s The Secret Ingredient podcast, Tom Philpott and Raj Patel, as they sit down with the eminent economist James K. Galbraith author of the forthcoming “Welcome to the Poisoned Chalice: The Destruction of Greece and the Future of Europe” to talk inequality, the Greek...
In this episode of Views & Brews, KUT’s Rebecca McInroy joins the hosts of KUT’s The Secret Ingredient podcast, Tom Philpott and Raj Patel, as they sit down with the eminent economist James K. Galbraith author of the forthcoming “Welcome to the Poisoned Chalice: The Destruction of Greece and the Future of Europe” to talk inequality, the Greek...
In this first episode of Social Europe Talk (SET) economists James K. Galbraith and David Lizoain as well as Maria Joao Rodrigues, the Vice-President of the S&D Group in the European Parliament, join Social Europe Editor-in-Chief Henning Meyer to discuss ‘Where now for Greece and the Eurozone?’
Talking about #Stress and the outside causes #economics, #living conditions and all things connected. Quoting from a very interesting study by #Stuart Holland (UK), #James K. Galbraith (US) and #Yanis Varoufakis (Greece) called #A modest proposal for resolving the #Eurozone #crisis. This show is broadcast live on W4CY Radio – (www.w4cy.com) part of Talk 4 Radio (http://www.talk4radio.com/) on the Talk 4 Media Network (http://www.talk4media.com/).
Economist James K. Galbraith talks about trade policy … researcher Tom Malleson talks about the remarkable new book by Thomas Piketty … and Harvard’s Theda Skocpol warns that the Tea Party is not dead. Progressive economist James K. Galbraith offers his thoughts on the crisis in Ukraine and on how U.S. trade policy is a concession to corporate interests. Social scientist Tom Malleson talks about the groundbreaking work of Thomas Piketty and calls for economic democracy in the United States. And despite some recent primary setbacks by Tea Party candidates, Harvard professor Theda Skocpol says they aren’t dead yet! James K. Galbraith Economist James K. Galbraith is optimistic that there will be no great effects on the world economy from the flare-up in Ukraine, and he has some strong thoughts about U.S. trade policy. http://utip.gov.utexas.edu/JG/ Tom Malleson Tom Malleson is a research fellow at York University in Canada and he says the growing income inequality documented by French economist Thomas Piketty could be eased by a strong dose of economic democracy. http://ukcatalogue.oup.com/product/9780199330102.do Theda Skocpol Despite some setbacks for the Tea Party in recent Republican primaries, Harvard political scientist Theda Skocpol warns that the extremists will remain a huge influence on the GOP, and that, she says, is bad for America. http://www.gov.harvard.edu/people/faculty/theda-skocpol Jim Hightower Moral Monday on the move.
Income inequality: It destabilizes the economy, says James K. Galbraith, and it affects election outcomes, says political scientist Jan Leighley. And Bill Press interviews South Carolina Congressman Jim Clyburn It’s income tax time, and the inequality of income in America has never been a bigger issue. Economist James K. Galbraith says it is a sign of economic instability. Economic inequality also manifests itself at the ballot box, where the rich vote more than the poor -- and vote their self-interest, says political scientist Jan Leighley. And Bill Press interviews Rep. Jim Clyburn about the 50th anniv of the civil rights act of 1964 James K. Galbraith James K. Galbraith is one of America’s foremost progressive economists. He tells us that rising income inequality is a sign of the country’s overall economic instability. http://utip.gov.utexas.edu/JG/ Jan Leighley Political scientist Jan Leighley has studied the effect of income on voter turnout. And, not surprisingly, poor people are less likely to vote – partly because they don’t see any point to it, since the rich vote more frequently in their own economic interest than do the poor. http://www.american.edu/spa/faculty/leighley.cfm Jim Clyburn Bill Press and his guest South Carolina Congressman Jim Clyburn. http://clyburn.house.gov/ Jim Hightower Fast food chains stealing from low-wage workers
Music historian Sheryl Kaskowitz explains why we are singing “God Bless America” so much. Economist James K. Galbraith assesses the country’s economic mess. Bill Press interviews Congressman Bruce Braley. With the baseball playoffs in full swing, fans and viewers will hear “God Bless America” during every 7th inning stretch. A music scholar tells us how it has become such a powerful national song. With a new head of the Fed and the fear of national default in the air, progressive economist James K. Galbraith reviews the meaning of government shutdowns, budget sequesters and the debt ceiling. And Bill Press talks with Iowa Congressman Bruce Braley. Sheryl Kaskowitz Everyone knows the song “God Bless America.” It will be sung during every post-season baseball game. But it has a powerful and controversial history and, says author Sheryl Kaskowitz, communal singing of it can have “a coercive element.” http://gba.sherylkaskowitz.com/ James K. Galbraith Economist James K. Galbraith offers his view on the way out of America’s politically-driven economic mess, with an emphasis on the environment, infrastructure repair and an aging population. http://utip.gov.utexas.edu/JG/ Bruce Braley Bill Press and his guest, Congressman Bruce Braley of Iowa. http://braley.house.gov/ Jim Hightower Monsanto buys a food prize.
Five years after Lehman Brothers, economist James Galbraith says the financial sector is dysfunctional. And a demographer says your zip code determines your health Five years ago, the collapse of Lehman Brothers set off the biggest economic crisis since the Great Depression. Economist James Galbraith analyzes what we have learned since then. At a time when the gap between rich and poor is at a 100-year high, demographer Phillip Longman finds a direct link between an American’s income and his or her health. And Bill Press talks with Democratic National Committee chairwoman Debbie Wasserman Schultz James K. Galbraith University of Texas economist James K. Galbraith says that five years after the collapse of Lehman Brothers, the economy is starting to slowly come around. http://utip.gov.utexas.edu/JG/ Phillip Longman Health expert Phillip Longman has found that where you live – and how much you make – directly correlates to your health status. http://newamerica.net Debbie Wasserman Schultz Bill Press and his guest, Democratic National Committee chairwoman Debbie Wasserman Schultz http://wassermanschultz.house.gov/ Jim Hightower Finding the money to fund higher education for all.
Will a 12 dollar an hour minimum wage work? Five dollar a gallon of gas certainly does NOT. Nor does Chinese computer theft of America’s secrets.Economist James K. Galbraith talks about the “mania” on the right about cutting Social Security and Medicare, which he says will only further weaken the purchasing power of the elderly.Gas prices are going through the roof … and Steven Coll, president of the New America Foundation, has written a book exposing how Exxon-Mobil determines both the price of gasoline AND U.S. foreign policy.And Bill Press talks with an expert on the Chinese hacking of America. James K. Galbraith James K. Galbraith, a world famous economist, sheds some light for us about the effects of any cuts in Medicare or Social Security … and he makes the case for a minimum wage of TWELVE dollars an hour.http://www.utexas.edu/lbj/directory/faculty/james-galbraith Jim Hightower The GOP's disdain for low-wage workers. Steven Coll Now, with gas prices on everyone’s mind, we’ll hear from Steven Coll, author of a book exposing how Exxon Mobil influences U.S. energy and foreign policy. He says that over the decades, the U.S. government has not achieved its energy objectives, but Exxon has.http://www.amazon.com/Private-Empire-ExxonMobil-American-Power/dp/1594203350/ref=la_B001H6OLII_1_1?ie=UTF8&qid=1361734296&sr=1-1 Dan McWhorter Bill Press and his guest, Dan McWhorter, a computer expert who reveals how China is stealing America’s intellectual property.http://www.mandiant.com/
The People's Pension: The Struggle to Defend Social Security Since Reagan (AK Press) Journalist Eric Laursen will discuss and sign his new book on the decades-long attempt to dismantle or diminish Social Security. "Laursen has given us a comprehensive account of the three decade long war against Social Security. . . . This is a fascinating history that progressives must learn, not only to protect Social Security but also to understand the dynamics behind an effective long-term strategy." --Dean Baker, author of False Profits: Recovering From the Bubble Economy "This magnificent history documents the hydra-headed campaign to cut and kill Social Security, conducted over decades by rightwing bankers, foundations, economists, and politicians. [The People's Pension] is utterly urgent."--James K. Galbraith, author of The Predator State "Independent financial reporter Laursen offers a breathtakingly comprehensive look at the history and politics behind 'the largest income support program in the U.S.,' ... Comprehensive and compelling reading on an important topic." --Booklist, starred review Eric Laursen, born 1960, is an independent financial and political journalist, activist, and commentator. A native of San Francisco and graduate of Columbia University in New York (B.A. in History, Master's in International Affairs), he began his journalistic career as a reporter for Wall Street Letter, a weekly newsletter for the financial services industry. He later worked for a succession of publications: as a staff writer for Corporate Finance Magazine; editor of Asset International, a weekly newsletter for international investment firms; and as co-founder and managing editor of Plan Sponsor, the leading monthly magazine for North American pension executives. It was there he became interested in the debate over Social Security. An independent journalist since 2000, Eric has written for publications ranging from Z Magazine and The Nation to Institutional Investor and CFO. His specializations are national politics, retirement and aging, global trade, U.S. fiscal policy, social services, business and financial services, civil liberties, and alternative economics. THIS EVENT WAS RECORDED LIVE AT SKYLIGHT BOOKS JUNE 25, 2012.
James K. Galbraith Regular commentator James K. Galbraith, author of a new book on inequality and economic instability, says it isn’t that we need new regulations on banks … the laws in place have plenty of teeth, if only someone would operate the jaw behind them. Website Geoffrey Kabaservice Political scientist Geoffrey Kabaservice has written extensively about the disappearance of moderate Republicans and says it should be of concerns to both parties because governing comes from the middle. Website Katie Paris An interview by Bill Press with Katie Paris of Media Matters on two big business issues – Rush Limbaugh’s advertisers and the whistleblower from Goldman Sachs. http://www.billpressshow.com/ http://mediamatters.org/
James K. Galbraith — "James Galbraith Interview" - Alan Minsky (May 27, 2011)Economist James K Galbraith analyzes today’s economy and contrasts it with a sound, and more just, economy. He also explains why we would need a powerful left to remake the economy in these necessary ways.DownloadJames K. Galbraith's website is: James K. GalbraithSource: Building a Powerful Left in the United StatesAired: 5/027/11 12:00 AMThis podcast is an aggregate of audio files freely available online. Please visit the original source and subscribe to the host website.
James K. Galbraith — "The Affluent Society & Other Writings 1952-1967" - Free Library of Philadelphia (Nov 18, 2010)James K. Galbraith is a professor of economics and the Lloyd M. Bentsen, Jr., Chair in Government/Business Relations at the Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin. A regular contributor to The Nation and Mother Jones, Galbraith is the author of The Predator State, Balancing Acts, and Created Unequal, all of which examine different aspects of the distribution of wealth in the United States. His new book collects the notable writings of his father--renowned economist John Kenneth Galbraith--including American Capitalism, The Affluent Society, and The New Industrial State into one definitive volume.DownloadJames K. Galbraith's website is: James K. GalbraithSource: Free Library of PhiladelphiaAired: 11/18/11 12:00 AMThis podcast is an aggregate of audio files freely available online. Please visit the original source and subscribe to the host website.
James K. Galbraith — "A Progressive Economist" - ElectricPolitics (Sep 26, 2006)The venerable tradition of political economy hasn't died out (yet) but practitioners have become uncommonly hard to find. James K. Galbraith, who penned a wonderfully sharp critique of our economic system earlier this year in Mother Jones, and is at work on a larger version (as well as having another new book about to be published), brings iconoclastic, innovative sensibilities to a wide range of issues. I'm always delighted to hear reasonable solutions—even half-way solutions—that may be less well-known but are eminently bleeding-edge, especially from a committed progressive. My sincere thanks to James for sharing his thoughts. Total runtime an hour and thirty three minutes. Enjoy!DownloadJames K. Galbraith's website is: James K. GalbraithSource: Electric PoliticsAired: 09/026/06 12:00 AMThis podcast is an aggregate of audio files freely available online. Please visit the original source and subscribe to the host website.
James K. Galbraith — "Keynote at the EPS Bernard Schwartz Symposium" - (Oct 01, 2010)James K. Galbraith, Keynote at the EPS Bernard Schwartz Symposium October 2010. James K. Galbraith is one of the great economists of our time, and with one of the best outlooks for what can actually work. So we're just going to get out of the way.DownloadJames K. Galbraith's website is: James K. GalbraithSource: Demand Side EconomicsAired: 5/027/11 12:00 AMThis podcast is an aggregate of audio files freely available online. Please visit the original source and subscribe to the host website.
This morning I spoke to leading US economist James K. Galbraith on the phone from Athens for this month’s Le Monde diplomatique podcast. James is professor of government/business relations at the Lyndon B Johnson School of Public Affairs at the University of Texas. He’s the author of six books, including The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too. “rich countries will have a lot of new poor people on their doorsteps” The interview accompanies and amplifies his article in the current issue of Le Monde diplo, which looks at what he calls “the Europeanization of Mediterranean debt” forced on the EU by speculators, and what he predicts will become a vicious circle of budget cutting, debt deflation and depression. He further predicts that old patterns of hardship migration will re-emerge: “rich countries will have a lot of new poor people on their doorsteps because they weren’t willing to deal with them at home”. To listen to the podcast, click here.
The Dow's up, but why are Main Street Americans still reeling from last year's economic collapse? With Americans still facing rising unemployment, foreclosures, and declining property values, renowned economist James K. Galbraith on whether we've averted another crisis and how to get help for the middle class.
The Dow's up, but why are Main Street Americans still reeling from last year's economic collapse? With Americans still facing rising unemployment, foreclosures, and declining property values, renowned economist James K. Galbraith on whether we've averted another crisis and how to get help for the middle class. James K. Galbraith is the lloyd M. Bentsen, Jr. Chair in Government/Business Relations at the lBJ School of Public Affairs at the University of Texas at Austin. Galbraith has authored six books, most recently The Predator State: How Conservatives Abandoned the Free Market and Why liberals Should Too. And, National Review senior editor Richard Brookhiser talks about his mentor William F. Buckley, Jr. and today's conservative movement.
Economist James K. Galbraith is one of many economists saying the first stimulus package was too small to bring about a recovery.
Bill Moyers sits down to talk about the economic future with with James K. Galbraith, lloyd Bentsen, Jr. Chair in Government/Business Relations at the lBJ School of Public Affairs at the University of Texas at Austin. Galbraith is the author of six books, the most recent, THE PREDATOR STATE: HOW CONSERVATIVES ABANDONED THE FREE MARKET AND WHY lIBERAlS SHOUlD TOO. And, Bill Moyers talks with Mark Johnson, the producer of a remarkable documentary about the simple but transformative power of music.
Bill Moyers sits down to talk about the economic future with with James K. Galbraith, Lloyd Bentsen, Jr. Chair in Government/Business Relations at the LBJ School of Public Affairs at the University of Texas at Austin. Galbraith is the author of six books, the most recent, THE PREDATOR STATE: HOW CONSERVATIVES ABANDONED THE FREE MARKET AND WHY LIBERALS SHOULD TOO.
Prof. James K. Galbraith gave a skeptical appraisal of the federal bailout and explained why suddenly cutting government spending will only make things worse.
An interview with James Galbraith author of The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too. The cult of the free market has dominated economic policy-talk since the Reagan revolution of nearly thirty years ago. Tax cuts and small government, monetarism, balanced budgets, deregulation, and free trade are the core elements of this dogma, a dogma so successful that even many liberals accept it. But a funny thing happened on the bridge to the twenty-first century. While liberals continue to bow before the free-market altar, conservatives in the style of George W. Bush have abandoned it altogether. That is why principled conservatives - the Reagan true believers - long ago abandoned Bush. Galbraith first dissects the stale remains of Reaganism and shows how Bush and company had no choice except to dump them into the trash. He then explores the true nature of the Bush regime: a "corporate republic," bringing the methods and mentality of big business to public life; a coalition of lobbies, doing the bidding of clients in the oil, mining, military, pharmaceutical, agribusiness, insurance, and media industries; and a predator state, intent not on reducing government but rather on diverting public cash into private hands. In plain English, the Republican Party has been hijacked by political leaders who long since stopped caring if reality conformed to their message. Galbraith follows with an impertinent question: if conservatives no longer take free markets seriously, why should liberals? The real economy is not a free-market economy. It is a complex combination of private and public institutions, including Social Security, Medicare and Medicaid, higher education, the housing finance system, and a vast federal research establishment. The real problems and challenges -- inequality, climate change, the infrastructure deficit, the subprime crisis, and the future of the dollar -- are problems that cannot be solved by incantations about the market. They will be solved only with planning, with standards and other policies that transcend and even transform markets. Galbraith teaches economics and a variety of other subjects at the Lyndon Johnson School of Public Affairs. He directs the University of Texas Inequality Project, an informal research group at the LBJ School, is a Senior Scholar of the Levy Economics Institute, and is chair of Economists for Peace and Security, a global professional association.