Lloyd M. Bentsen Jr. Chair in Government/Business Relations and Professor of Government University of Texas

James K. Galbraith teaches economics and a variety of other subjects at the LBJ School. He holds degrees from Harvard (B.A. magna cum laude, 1974) and Yale (Ph.D. in economics, 1981). He studied economics as a Marshall Scholar at King's College, Cambridge in 1974-1975, and then served in several positions on the staff of the U.S. Congress, including Executive Director of the Joint Economic Committee. He was a guest scholar at the Brookings Institution in 1985. He directed the LBJ School's Ph.D. Program in Public Policy from 1995 to 1997. He directs the University of Texas Inequality Project, an informal research group based at the LBJ School.


Galbraith served as Chief Technical Adviser to the State Planning Commission, P.R. China, on a project on macroeconomic reform from 1994 to 1997.

Galbraith has co-authored two textbooks, The Economic Problem with the late Robert L. Heilbroner and Macroeconomics with William Darity, Jr. He is the author of Balancing Acts: Technology, Finance and the American Future (1989) and Created Unequal: The Crisis in American Pay (1998). His most recent book, Inequality and Industrial Change: A Global View (Cambridge University Press, 2001), is coedited with Maureen Berner and features contributions from six LBJ School Ph.D. students.



Galbraith's latest book Unbearable Cost: Bush, Greenspan and the Economics of Empire was published in 2006. Galbraith argues that modern America has fallen prey to a wealthy, government-controlling "predatory class":

Galbraith maintains several outside connections, including serving as a senior scholar with the Levy Economics Institute, and holds the chair of the board of Economists for Peace and Security (formerly known as Economists Against the Arms Race), an international association of professional economists.

He writes a column called "Econoclast" for Mother Jones, and occasional commentary in many other publications, including The Texas Observer, The American Prospect, and The Nation. He is an occasional commentator for Public Radio International's Marketplace.


Awards

• Texas Excellence in Teaching Award, 1990
• Marshall Scholar, King's College, University of Cambridge, England, 1974-75
• Fulbright Distinguished Lecturer, China, Summer 2001
• Carnegie Scholars Program, 2003-2004

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