167: James Kenneth Galbraith on Inequality, Democracy and the Impact of the Financial Crisis on Greece

James Kenneth Galbraith is the Lloyd M. Bentsen Jr. Chair in Government/Business Relations and Professor of Government at Lyndon B. Johnson School of Business Affairs at The University of Texas at Austin. He directs the University of Texas Inequality Project and is a managing editor of Structural Change and Economic Dynamics. In 2014 he was co-winner, with Angus Deaton, of the Leontief Prize for Advancing the Frontiers of Economics. James has a PhD from Yale University. James Galbraith's books include "Welcome to the Poisoned Chalice: The Destruction of Greece and the Future of Europe" (2016). James is the son of the late John Kenneth Galbraith, renowned economist, public official and diplomat. In this episode we discuss James’ views on the teachings of mainstream economics today, his work on inequality, democracy, the financial crisis of 2008 and the impact it has had on Greece as well as, of course, his father John. Check out the links and books mentioned in this episode over at http://www.economicrockstar.com/jamesgalbraith Support the show for as little as $1 per month over at http://www.patreon.com/economicrockstar

2356 232