[Peace] [MEDIAMATTERS] June 3, 2012: James Galbraith
Jenifer Cartwright
jencart13 at yahoo.com
Tue May 29 21:58:41 UTC 2012
Fyi
--- On Mon, 5/28/12, Media Matters with Bob McChesney <mediamatters580 at GMAIL.COM> wrote:
Media Matters with Bob McChesney
Sundays, 1pm on WILL-AM 580
This Week's Guest
James Galbraith
As Wall Street rose to dominate the U.S. economy, income and pay
inequalities in America came to dance to the tune of the credit cycle.
As the reach of financial markets extended across the globe, interest
rates, debt, and debt crises became the dominant forces driving the rise
of economic inequality almost everywhere.
Author James Galbraith, in his new book, Inequality and Instability: A Study of the World Economy Just Before the Great Crisis, challenges the standard economic notions on both the right and the left. Providing rigorous, historic evidence, Galbraith "demonstrates that finance is the driveshaft that links inequality to economic instability."
James K. Galbraith is professor at
the Lyndon B. Johnson School of Public Affairs, the University of Texas
at Austin, where he holds the Lloyd M. Bentsen Jr. Chair in
Government/Business Relations. He is a leading economist whose books
include The Predator State, Inequality and Industrial Change, and Created Unequal.
Last Week
Dan Schiller
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