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.
Disaster capitalism or the Green New Deal
We now learn that the mismanagement of containment is not a bug, but a feature of policy. This presents us with a...
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...
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...
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...