Stories by James K. Galbraith
James K. Galbraith is the author of The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too, and of a new preface to The Great Crash, 1929, by John Kenneth Galbraith. He teaches at The University of Texas at Austin.
Posted on Nov 11, 2011, Source: AlterNet
Economist Friedrich Hayek is the darling of conservatives. Progressives prefer John Maynard Keynes. But when it comes to sensible policy, there's really no contest.
Posted on Aug 8, 2011, Source: Deutsche Welle
Obama is a willful player in an epic drama of faux-politics.
Posted on Jul 11, 2011, Source: New Deal 2.0
The debt ceiling is an exercise in bad faith. And any deal that cuts social programs will be catastrophic for millions of Americans.
Posted on Dec 10, 2010, Source: NewDeal 2.0
The fate of the entire country is at stake -- we must reimagine our economy.
Posted on Dec 3, 2010, Source: New Deal 2.0
The sky is falling, but not enough to tax the rich apparently.
Posted on Nov 7, 2010, Source: New Deal 2.0
The original sin of Obama's presidency was to trust bank-friendly economists and Bush carryovers, whose primary goal was to protect their own past decisions and futures.
Posted on May 15, 2010, Source: AlterNet
Galbraith to senators: "I write to you from a disgraced profession. Economic theory ... failed miserably to understand the forces behind the financial crisis."
Posted on Mar 5, 2010, Source: The Nation
The deficit phobia of Wall Street, the media, politicians and some economists is one of the deepest dangers that we face -- and it threatens all of us.
Posted on Feb 21, 2010, Source: Comment Is Free
Deficit propaganda is a deliberate effort to defeat the will of an electorate that wants economic recovery and financial reform.
Posted on Jan 26, 2010, Source: AlterNet
The fetish of long-term deficit reduction is politically poisonous -- and economically pointless. In reality, we need big budget deficits. We need them now -- and down the road.
Posted on Mar 23, 2009, Source: Washington Monthly
Why the economic crisis, and its solution, are bigger than anyone has so far admitted.
Posted on Dec 12, 2008, Source: Mother Jones
All those billions don't add up to much, but here's how Obama can get us on track to a real recovery.
Posted on Jul 8, 2008, Source: Mother Jones
Two enormous clouds remain for whoever becomes president: the housing slump and the banking crisis. Both are far from being finished yet.
Posted on Sep 13, 2004, Source: Washington Monthly
Bush's top economic priority has always been to cut taxes on the wealthy; his second term could finish the job.