"The Great Crisis and the Predator State"
James K. Galbraith
Lloyd M. Bentsen Jr. Chair and Professor of Government
University of Texas at Austin
Saturday, April 17, 2010
Moore Hall auditorium
Noted economist Dr. James K. Galbraith brings to AUM's Durr Lecture Series his insights about the political and corporate forces that shape the American economy. His presentation will draw heavily from his research on the measurement and understanding of inequality in the world economy -- research that also is the basis for his latest book: The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too (2008).
Galbraith holds the Lloyd M. Bentsen Jr. Chair in the Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin and directs the University of Texas Inequality Project, an informal group researching economic inequalities. In addition, he is a senior scholar of the Levy Economics Institute and chairman of the Board of Economists for Peace and Security, a global professional network.
He holds degrees from Harvard and Yale and studied as a Marshall Scholar at King's College, Cambridge in the 1970s. He later served in several positions on the staff of Congress, including executive director of the Joint Economic Committee. He was a guest scholar at the Brookings Institution in 1985 and directed UT's Ph.D. Program in Public Policy from 1995 to 1997.
A prolific writer, his books include Balancing Acts: Technology, Finance and the American Future and Created Unequal: The Crisis in American Pay. His book Inequality and Industrial Change: A Global View is co-edited with Maureen Berner. He also co-authored two textbooks, The Economic Problem with the late Robert L. Heilbroner and Macroeconomics with William Darity Jr. In addition, Galbraith writes a column for Mother Jones and provides occasional commentary in many other publications, including The Texas Observer, The American Prospect, and The Nation.