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James K. Galbraith

James K. Galbraith

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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 co-author (with Jing Chen) of the forthcoming Entropy Economics: The Living Basis of Value and Production (University of Chicago Press).

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  1. High Interest Rates Finally Bite
    galbraith35_Andrew HarnikGetty Images_powell Andrew Harnik/Getty Images

    High Interest Rates Finally Bite

    Aug 6, 2024 James K. Galbraith sees in the stock-market crash an outcome that a 17-year-old economic model fully explains.

  2. James K. Galbraith on the US election, entropy economics, trade policy, and more
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    James K. Galbraith on the US election, entropy economics, trade policy, and more

    Aug 6, 2024 James K. Galbraith says what it will take to improve Americans’ living standards, calls the concept of equilibrium a figment of economists’ imaginations, highlights a potential effect of tariffs that most textbooks do not anticipate, and more.

  3. Industrial Policy Is a Nostalgic Pipe Dream
    galbraith32_Dustin Chambers for The Washington Post via Getty Images_industrial policy climate change Dustin Chambers for The Washington Post via Getty Images

    Industrial Policy Is a Nostalgic Pipe Dream

    Jun 25, 2024 James K. Galbraith thinks a new economic-policy consensus among center-left economists largely misses the point.

  4. Mainstream Economics’ Medieval Inflation Medicine
    galbraith31_Kent Nishimura  Los Angeles Times via Getty Images_fed Kent Nishimura/Los Angeles Times via Getty Images

    Mainstream Economics’ Medieval Inflation Medicine

    Dec 29, 2023 James K. Galbraith shows how prevailing economic thinking is analogous to the theory of the “four humors” in ancient medicine.

  5. Will High Interest Rates Trigger a Debt Disaster?
    galbraith30_Win McNameeGetty Images_powell Win McNamee/Getty Images

    Will High Interest Rates Trigger a Debt Disaster?

    Dec 1, 2023 James K. Galbraith shows that renewed warnings about dangerous debt-to-GDP ratios are belied by history and recent experience.

  1. brown111_ALAIN JOCARDPOOLAFP via Getty Images_mpox ALAIN JOCARD/POOL/AFP via Getty Images

    The High Cost of the Netherlands’ Mpox Vaccine Hoarding

    Gordon Brown condemns European populists’ failure to heed the lessons of the COVID-19 pandemic.
  2. charap3_ TATYANA MAKEYEVAAFP via Getty Images)_kursk TATYANA MAKEYEVA/AFP via Getty Images)

    How to Make the Most of the Kursk Gambit

    Samuel Charap & Charles A. Kupchan think Ukraine and its partners have a big opportunity to start working toward a negotiated end to the war.
  3. leonard104_SurkovDimitriGetty Images_USEUflag SurkovDimitri/Getty Images

    The US Election Will Overturn Europe’s Strategic Status Quo

    Mark Leonard worries that Europeans are unprepared for whoever will succeed US President Joe Biden.
  4. mazzucato71 GettyImages-2159148172_AW Getty Images

    The Water-Security Crisis

    Mariana Mazzucato, et al.

    Increasingly severe water shortages represent a human-made crisis that can be resolved through human interventions. The situation demands new thinking about the economics of this critical resource and how to manage it through mission-oriented strategies that span all levels of governance.

    call attention to a global problem that demands far more attention from policymakers at all levels.
  5. reyna1_Martin Schuttpicture alliance via Getty Images_ev green deal Martin Schutt/picture alliance via Getty Images

    The European Green Deal Is Already Benefiting Consumers

    Agustín Reyna rejects the misguided notion that voters are indifferent to environmental concerns.
  6. bremmer34_Anna MoneymakerGetty Images_harrissouthkorea Anna Moneymaker/Getty Images

    What Is Kamala Harris’s Foreign Policy?

    Ian Bremmer

    Although Kamala Harris is largely aligned with Joe Biden on many global and strategic issues, her unique worldview promises a distinct form of leadership on the international stage. Not only would US foreign policy shift under a Harris administration; it could change in highly consequential ways.

    considers how the Democratic presidential nominees' views compare to Joe Biden's.
  7. anheier25_JOHN MACDOUGALLAFP via Getty Images_afd JOHN MACDOUGALL/AFP via Getty Images

    Will the German Center Hold?

    Helmut K. Anheier considers what is driving support for extremist parties in the country’s eastern states.
  8. delong263_MEGAN JELINGERAFP via Getty Images_USindustrysteel Megan Jelinger/AFP via Getty Images

    America Has No Alternative to Industrial Policy

    J. Bradford DeLong thinks new threats to economic security outweigh the reasons for opposing government-led development.
  9. nye261_Kevin DietschGetty Images_us election Kevin Dietsch/Getty Images

    US Foreign Policy in 2025

    Joseph S. Nye, Jr. compares the two presidential candidates’ attitudes and positions on major global issues.

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