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James K. Galbraith

James K. Galbraith

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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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  5. op_galbraith8_Graeme RobertsonGetty Images_cambridge Graeme Robertson/Getty Images
    Subscriber Exclusive

    What's Left of Cambridge Economics?

    James K. Galbraith

    In offering a blueprint for bringing mainstream economics into the twenty-first century, a University of Cambridge economist has unwittingly demonstrated much of what is wrong with the discipline. Ironically, the rediscovery of an earlier generation of Cambridge economists would set things right.

     thinks a new attempt to refurbish the discipline suffers from a fatal blind spot.
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