Economics

"Inequality and Instability: A Study of the World Economy Just Before the Great Crisis"

James Galbraith

About the Program

James K. Galbraith argues that the rise in economic inequality over the past decades is directly related to our shift from manufacturing to finance-driven growth. He also discusses the impact of inequality on the overall stability of countries around the world. Prof. Galbraith spoke at the Massachusetts Institute of Technology in Cambridge.

About the Authors

James Galbraith

James K. Galbraith is the Lloyd M. Bentsen Jr. Chair in Government/Business Relations and Professor of Government at the University of Texas at Austin. He is the former executive director of the Joint Economic Committee of the U.S. Congress. Prof. Galbraith's books include “Created Unequal: The Crisis in American Pay” and “Unbearable Cost: Bush, Greenspan and the Economics of Empire.”

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Program Information

"Inequality and Instability: A Study of the World Economy Just Before the Great Crisis"

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Past Airings

Monday, July 16th at 5am (ET)
Sunday, July 15th at 7:45pm (ET)