James K. Galbraith is director of the University of Texas Inequality Project. He chairs the department of Government-Business Relations at the Lyndon B. Johnson School of Public Affairs, University of Texas, and is senior scholar of the Levy Economics Institute.

Galbraith chairs Economists for Peace and Security (EPS), an international association of professional economists concerned with peace and security issues. He served as chief technical adviser to the State Planning Commission in the People’s Republic of China, on a project on macroeconomic reform from 1994 to 1997 and has served in several positions on the staff of the U.S. Congress, including executive director of the Joint Economic Committee.

James Galbraith’s books include Inequality and Industrial Change: A Global View (2001), co-edited with Maureen Berner, and Created Unequal: The Crisis in American Pay (1998).

He writes a regular column on economic and political issues for the Texas Observer and has written for American Prospect, The Nation, the New York Times and the Washington Post. James Galbraith writes for openDemocracy on economics, globalisation and the Iraq war.

Recent articles

In their rush to claim credit for globalisation’s bright spots, partisans of neoliberal economics cannot evade blame for its disasters.

The prestigious “Economist” uses the work of Stanley Fischer to depict a world where inequality between rich and poor is narrowing. Is it telling the truth?

James Galbraith remembers a good man, and recalls a terrible warning of the Iraqi war.

The US economic model that commands around a third of the world’s wealth fascinates and infuriates Europeans. But both reactions reveal ignorance of its most essential features. The keys to its success lie not in industry, but in those sectors providing social amenities to the middle class – health care, education, housing and pensions: systems of provision that have little to do with the free market.