Tuesday, 28 March , 2023

Galbraith James

The Austerity Train Wreck

By James K. Galbraith Mar 10, 2023 If human error is to blame for the deadly train collision in Greece on February 28, the responsibility ultimately...

Dismal Economics

By James K. Galbraith Jul 23, 2021 Although neoclassical economics relies on assumptions that should have been discarded long ago, it remains the mainstream orthodoxy. Three...

The Dollar System in a Multi-Polar World

By James K. Galbraith May 5, 2022 The multipolar financial world is here. The United States can survive it – but only with major...

The Choking of the Global Minotaur

The supply disruptions plaguing the US economy are not the result of "excessive demand," "central planning," or a lack of efficiency. Rather, it is...

Already Irreversible: The integration of world economy

China and the Supply Chain: A Comment on the June 2021 White House Review By James K. Galbraith Jun 23, 2021 In January 2013, the Obama...

The G7 Vaccine Charade

The US and Europe are offering low- and middle-income countries crumbs, so that they can protect their billionaires, their pharmaceutical lobbies, and their campaign...

China Is Missing from the Great Inflation Debate

By James K. Galbraith Mar 31, 2021 Once again, massive fiscal spending in the United States has invited warnings of inflation and triggered dark memories of...

Taxing more from the rich is difficult. This is how to...

Well-intentioned proposals for a fairer system can fall at practical hurdles. But these two reforms really would help us repair a broken economy By James...

Cold Truth: The Texas Freeze is a Catastrophe of the Free...

Feb 18, 2021 Texas’s electricity market “reforms” made the current crisis inevitable Lenin, who was a better economist than Rick Perry, once defined communism as “soviet...

America Abandoned Its Economic Prophet. The World Embraced Him | By...

John Kenneth Galbraith was an intellectual celebrity 50 years ago—and it would be a mistake to ignore him today January 15, 2021 U.S. President-elect Joe...