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...