James Galbraith - A Study of the World Economy Just Before the Great Crisis
Economist James K. Galbraith discusses his latest book, "Inequality and Instability: A Study of the World Economy Just Before the Great Crisis," presented by Harvard Book Store. Galbraith argues that the financial sector links inequality to economic instability. The book challenges the viewpoint that technology is behind rising inequality. It also challenges those who have placed the blame on trade and outsourcing, presenting evidence that the rise of inequality mirrors the stock market in the U.S. and the rise of finance and of free-market policies elsewhere. Recorded 5/8/12. More lectures at http://forum-network.org
About James K. Galbraith
James Kenneth Galbraith (born January 29, 1952) is an American economist. He is a professor at the Lyndon B. Johnson School of Public Affairs and at the Department of Government, University of Texas at Austin. He is also a Senior Scholar with the Levy Economics Institute of Bard College and part of the executive committee of the World Economics Association, created in 2011.
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