Interview with James Galbraith, renown American economist, currently a professor at the Lyndon B. Johnson School of Public Affairs and the Department of Government, University of Texas at Austin. Galbraith’s books include Balancing Acts: Technology, Finance and the American Future, Created Unequal: The Crisis in American Pay, Inequality and Industrial Change: A Global View and most recently, The Predator State in 2008. In this interview Galbraith discusses the current debt crisis in Greece, the myth of “free markets”, the bubble to bubble American economy and how The Predator State undermines honest, independent and sustainable business. May 10, 2010. James continues a family tradition, his father John Kenneth Galbraith was also a renown economist writing such books as The Affluent Society and The Great Crash of 1929.
First of many to come!