Interview with James Galbraith

James Galbraith talks about Paul Krugman's NYT article, "How Did Economists Get It So Wrong?",  the academic discipline after the crash, the forgotten traditions in economics, the economics and law of fraud and much else over breakfast at the Goodenough Club

James Galbraith talks about Paul Krugman's NYT article, "How Did Economists Get It So Wrong?",  the academic discipline after the crash, the forgotten traditions in economics, the economics and law of fraud and much else over breakfast at the Goodenough Club

 

 

Audio file: 
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Comments

Mandrake in Wisconsin
28 November 2009 - 2:04pm

It occurs to me that Obama has at least been able to demonstrate the extent of corporate power over the state by the method he uses to develop the US health care model.  By throwing the question to the legislature, some light has been shed on the power of corporations over that institution.  Sadly, it seems government is no longer able to act as a counterweight to the authority of big money.

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