James K. Galbraith

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

Life

Galbraith has completed his studies at Harvard and Yale ( Ph.D. in Economics, 1981). As a Marshall Scholar, he studied 1974-1975 at King 's College, Cambridge, before he worked in various staff positions in the U.S. Congress, including the site of the Executive Director of the Joint Economic Committee.

In 1985 he was a visiting researcher at the Brookings Institution. He headed the Ph.D. program of the LBJ School of Public Policy from 1995 to 1997, and leads to this day the Texas Inequality Project, an informal research group based at the LBJ School.

Galbraith is considered a representative of the building on ideas of Hyman P. Minsky Modern Monetary Economics.

For the euro crisis, he said: "In Germany, people in my opinion are not really aware of what is going on its southern boundaries on. And what was presented to the German public as a rescue of Greece or Spain, of course, is in reality the rescue of the banks that have lent money to Greece or Spain. " In July 2013 Galbraith was instrumental in the version 4.0 of the Modest Proposal for Resolving the Euro Zone Crisis with which the economist Yanis Varoufakis Greek- Australian and former British politician Stuart Holland had first presented in November 2010.

For 2014, it Leontief Prize was awarded.

Writings (selection )

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