April 27, 2011
James K. Galbraith: A few questions I would ask at the Head of the Fed's rare press conference Wednesday
Prof. James K. Galbraith is Lloyd M. Bentsen Jr. Chair in Government/Business Relations at the LBJ School and UT Austin's Department of Government, where he teaches economics and a variety of other subjects He holds degrees from Harvard (B.A. magna cum laude, 1974) and Yale (Ph.D. in economics, 1981). He studied economics as a Marshall Scholar at King's College, Cambridge in 1974-1975, and then served in several positions on the staff of the U.S. Congress, including Executive Director of the Joint Economic Committee. He was a guest scholar at the Brookings Institution in 1985. He directed the LBJ School's Ph.D. Program in Public Policy from 1995 to 1997. He is currently the Director of University of Texas Inequality Project.
Galbraith served as Chief Technical Adviser to the State Planning Commission, P.R. China, on a project on macroeconomic reform from 1994 to 1997. He has co-authored two textbooks, The Economic Problem with Robert L. Heilbroner and Macroeconomics with William Darity, Jr., as well as Balancing Acts: Technology, Finance and the American Future.
Galbraith's book, Created Unequal: The Crisis in American Pay, was published by the Free Press in August 1998. His new book, Inequality and Industrial Change: A Global View (Cambridge University Press, 2001), is coedited with Maureen Berner and features contributions from six LBJ School Ph.D. students. Galbraith maintains several outside connections, including serving as a Senior Scholar of the Levy Economics Institute and as chair of Economists Allied for Arms Reduction (ECAAR). He also writes a column on economic and political issues for the Texas Observer