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About James Galbraith

James K.Galbraith is the Lloyd M. Bentsen Jr. Chair in government-business relations at the Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin, a senior scholar of the Levy Economics Institute, and chair of the Board of Economists for Peace and Security. His most recent book is The End of Normal: The Great Crisis and the Future of Growth. He is also a member of DiEM25’s Advisory Panel.

Articles by James Galbraith

This week’s front page editor


Francesc Badia i Dalmases is Editor and Director of democraciaAbierta.

Constitutional conventions: best practice

Straight talk on trade, international institutions, Greek austerity and inequality

European austerity is a politics of power. It’s a banker protection racket. And the fact is, the strategy has now failed.

The poisoned chalice

Part two of the insider view of negotiations between Greece and the Eurogroup. When is a rescue not a rescue but a seizure of assets? Interview.

The Greek referendum: a peculiar situation and an infamous act

A close adviser to Greece’s former Finance Minister, Yanis Varoufakis, gives an insider view of the government negotiations with the Eurogroup. Interview by acTVism Munich. Deutsch.

A Great German Greek Grexit Game?

Curzon Price is clearly right that the “game” is not “chicken.” It is not zero-sum. But the real question is, is it a game?

Whither Europe? The Modest Camp vs the Federalist Austerians

Proposals are multiplying – especially as evidence mounts that the crisis is continuing, despite all the official announcements of its end. Why not save Europe today, so that we can consider, in due course, how best to proceed with deeper, more difficult measures later on? 

Globally unequal: a response to Clive Crook

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

Globalisation and inequality: 'The Economist' gets it wrong

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?

'We send our best guy to Iraq and he comes home in a box'

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

The real American model

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.
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