Economist James K. Galbraith, http://www.utexas.edu/lbj/directory/faculty/james-galbraith one of the country’s leading analysts of the financial crisis, will speak on the link between the growing inequality and economic instability. Galbraith, a professor in the LBJ School of Public Affairs at the University of Texas, will focus on the argument in his new book, Inequality and Instability: A Study of the World Economy Just before the Great Crisis, http://www.oup.com/us/catalog/general/subject/Economics/MacroeconomicTheory/?view=usa&ci=9780199855650 which demonstrates that increased inequality is a product of the rise of windfall profits in finance and the deregulation of markets. For an exploration of these ideas, watch Bill Moyers’ interview with Galbraith online. http://www.youtube.com/watch?v=JxDmw7rCfeQ
Galbraith, a frequent commentator in the media and adviser to policymakers, is also the author of The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too and Created Unequal: The Crisis in American Pay. In addition to his teaching and research, Galbraith has served in several positions on the staff of the U.S. Congress, including Executive Director of the Joint Economic Committee.
At UT, Galbraith directs the Inequality Project. http://utip.gov.utexas.edu/about.html
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For more information, contact Robert Jensen, rjensen at austin dot utexas dot edu
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