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James K. Galbraith

James K. Galbraith

29 commentaries
1 videos & podcasts

James K. Galbraith, Professor of Government and Chair in Government/Business Relations at the University of Texas at Austin, is a former staff economist for the House Banking Committee and a former executive director of the Joint Economic Committee of Congress. From 1993-97, he served as chief technical adviser for macroeconomic reform to China’s State Planning Commission. He is the author of Inequality: What Everyone Needs to Know (Oxford University Press, 2016) and Welcome to the Poisoned Chalice: The Destruction of Greece and the Future of Europe (Yale University Press, 2016).

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  1. Rate Hikes Are Not the Right Answer to “Wage-Price Persistence”
    galbraith21_SAUL LOEBAFP via Getty Images_USgasstation Saul Loeb/AFP via Getty Images

    Rate Hikes Are Not the Right Answer to “Wage-Price Persistence”

    Aug 5, 2022 James K. Galbraith contends that tightening US monetary policy will inflict social and economic harm with little to no payoff.

  2. The Fed Waves Its Wand
    galbraith20_Caroline BrehmanCQ-Roll Call, Inc via Getty Images_jeromepowell Caroline Brehman/CQ-Roll Call, Inc via Getty Images

    The Fed Waves Its Wand

    May 9, 2022 James K. Galbraith thinks Chair Jerome Powell will get credit for a decline in inflation that would have happened anyway.

  3. The Fed's Target Is Workers
    galbraith19_BRENDAN SMIALOWSKIPOOLAFP via Getty Images_jerome powell BRENDAN SMIALOWSKIPOOLAFP via Getty Images

    The Fed's Target Is Workers

    Jan 31, 2022 James K. Galbraith shows that the central bank's effort to reduce headline inflation will hurt low-wage service employees the most.

  4. The Case for Strategic Price Policies
    galbraith18Wang YingXinhua via Getty Imagesinflation gas prices Wang YingXinhua via Getty Images

    The Case for Strategic Price Policies

    Jan 21, 2022 James K. Galbraith urges the US to revive a policy framework that worked extraordinarily well for most of its 40 years.

  5. What's Left of Cambridge Economics?
    op_galbraith8_Graeme RobertsonGetty Images_cambridge Graeme Robertson/Getty Images

    What's Left of Cambridge Economics?

    Jan 14, 2022 James K. Galbraith thinks a new attempt to refurbish the discipline suffers from a fatal blind spot.

  1. entsminger6_ SERGIO FLORESAFP via Getty Images_metaverse SERGIO FLORES/AFP via Getty Images

    Who Will Establish Metaverse Ethics?

    Josh Entsminger, et al. highlight the urgency of providing oversight before tech companies make self-regulation the norm.
  2. sierakowski88_JOHN MACDOUGALLAFP via Getty Images_belarus opposition JOHN MACDOUGALL/AFP via Getty Images

    The Belarusian Opposition Is Growing Stronger

    Sławomir Sierakowski cites many examples showing that the country’s democracy movement has been adapting and growing quickly.
  3. jaber1_KARIM SAHIBAFP via Getty Images_UAEsolar Karim Sahib/AFP via Getty Images

    A Bold and Realistic Energy Transition

    Sultan Al Jaber explains why policies aimed at divesting too soon from hydrocarbons will be self-defeating.
  4. zizek5_Justin SullivanGetty Images_karilake Justin Sullivan/Getty Images

    Degeneracy, Depravity, and the New Right

    Slavoj Žižek

    While Kremlin propagandists and the the West's pro-Russian alt-right present themselves as the embodiment of traditional Christian values, their words and actions countenance genocide and glorify sexual violence. By embracing the obscene, they offer an attractive package for chauvinists of all stripes.

    shows how the movement is widening its appeal by openly appealing to adherents' worst impulses.
  5. jjoffe7_JOHN MACDOUGALLAFP via Getty Images_germany ukraine JOHN MACDOUGALL/AFP via Getty Images

    Green Pacifism Goes to War

    Josef Joffe examines the roots of the party’s hawkish turn in response to Russia’s invasion of Ukraine.
  6. klee8_Giles ClarkeGetty Images_palm oil malaysia Giles Clarke/Getty Images

    Sustaining Economic Growth in an Age of Deglobalization

    Keun Lee sees the experiences of Malaysia and Chile as useful case studies for escaping the middle-income trap.
  7. sherif5_AHMAD SAHEL ARMANAFP via Getty Images_afghanistanprotest Ahmad Sahel Arman/AFP via Getty Images

    The Taliban’s War on Women and Girls

    Yasmine Sherif & Gordon Brown urge the Afghan government to honor its promises on education and economic participation.
  8. coyle26_Mario TamaGetty Images_foodbank Mario Tama/Getty Images

    Inflation’s Emotional Scars

    Diane Coyle thinks today's surging prices will have two profound consequences for Western economies.
  9. bildt102_Nava JamshidiGetty Images_kabul one year Nava Jamshidi/Getty Images

    Did the Afghan Failure Lead to the Ukraine War?

    Carl Bildt revisits the fall of Kabul to consider its implications for America and the world, one year later.

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