Lloyd M. Bentsen Jr. Chair in Government and Business Relations
The University of Texas at Austin, United States
James K. Galbraith holds the Lloyd M. Bentsen Jr. Chair of Government and Business Relations at the Lyndon B. Johnson School of Public Affairs, University of Texas at Austin, and a professorship in government. His most recent book, Inequality and Instability: A Study of the World Economy Just Before the Great Crisis, has just been published by Oxford University Press. He is the author of seven books and several hundred scholarly and policy articles.
Mr. Galbraith holds degrees from Harvard and Yale (Ph.D. in Economics, 1981). He studied economics as a Marshall Scholar at King’s College, Cambridge, and served on the staff of the U.S. Congress, including as Executive Director of the Joint Economic Committee in the early 1980s. In public life he organised congressional oversight of the Federal Reserve (the Humphrey-Hawkins hearings). In the 1990s, he served for four years as Chief Technical Adviser for macroeconomic reform to the State Planning Commission of the People’s Republic of China.
James K. Galbraith’s recent research has focused on the measurement and understanding of inequality in the world economy, and on the financial crisis. He is a Senior Scholar with the Levy Economics Institute, and Chair of the Board of Economists for Peace and Security, an international association of professional economists. He held a Fulbright Distinguished Visiting Lectureship in China in the summer of 2001, and was named a Carnegie Scholar in 2003. In 2010, he was elected to the Lincean Academy. For 2012, he is President of the Association for Evolutionary Economics.