James K. Galbraith, Lloyd M. Bentsen Jr. Chair in Government/Business Relations and professor of government, presents a lecture based on his book, "The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too".
Robert Kuttner, distinguished senior fellow at Demos and co-founder and co-editor of The American Prospect, acts as respondent- The New School
James K. Galbraith
James K. Galbraith teaches economics and a variety of other subjects at University of Texas' LBJ School of Public Affairs. He holds degrees from Harvard and Yale.
Galbraith 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 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 and Created Unequal: The Crisis in American Pay. His latest book The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too was published in 2008.
Galbraith serves as a Senior Scholar of the Levy Economics Institute and as Chair of the Board of Economists for Peace and Security. 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.
Robert Kuttner is co-founder and co-editor of The American Prospect, as well as a distinguished senior fellow of the think tank Demos. He was a longtime columnist for Business Week and continues to write columns in The Boston Globe. He is the author of Obama's Challenge and other books.
Bernard L. Schwartz is chairman and CEO of BLS Investments, LLC, a private investment firm. He also manages the investments of the Bernard and Irene Schwartz Foundation, which mainly supports higher education, medical research and New York City-based cultural organizations. He promotes the development of U.S. economic policy initiatives through investment in think tanks, universities and advocacy organizations. Mr. Schwartz is also Chairman Emeritus of the Third Way Board of Trustees.