Jamie Galbraith
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Jamie Galbraith
James Kenneth Galbraith (born January 29, 1952) is an American economist. He is currently 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. Background Galbraith is a son of the renowned Canadian-American economist John Kenneth Galbraith and Catherine Galbraith, Catherine (Kitty) Atwater Galbraith and is the brother of the former diplomat, commentator and 2016 Vermont gubernatorial candidate Peter W. Galbraith. He earned his BA, magna cum laude, from Harvard University, Harvard in 1974 and PhD from Yale in 1981, both in economics. From 1974 to 1975, Galbraith studied as a Marshall Scholar at King's College, Cambridge.. Career From 1981 to 1982, Galbraith served on the staff of the Congress of the United States, eventually as Executive ...
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Catherine Galbraith
Catherine Galbraith (née Catherine Merriam Atwater; January 19, 1913 – October 1, 2008) was an American author who was the wife of economist and author John Kenneth Galbraith, and the mother of four sons: diplomat and political analyst, Peter W. Galbraith, economist James K. Galbraith, attorney J. Alan Galbraith, and Douglas Galbraith who died in childhood of leukemia. Life and career Catherine, also known as Kitty, was born in New York City, New York, the daughter of Alice Caroline (née Merriam) and Charles Woodard Atwater, a lawyer who later served as the Consul General for Siam and the granddaughter of Wilbur Olin Atwater, the inventor of the calorimeter and chemist known for his studies of human metabolism and nutrition. Galbraith attended Smith College, spending her junior year at the Sorbonne, and obtaining her bachelor's degree in Romance languages from Smith in 1934. She then took graduate courses in German language at the University of Munich, where she lived in th ...
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Robert Skidelsky
Robert Jacob Alexander, Baron Skidelsky, (born 25 April 1939) is a British economic historian. He is the author of a three-volume award-winning biography of British economist John Maynard Keynes (1883–1946). Skidelsky read history at Jesus College, Oxford, and is Emeritus Professor of Political Economy at the University of Warwick, England. Early life Skidelsky's parents, Boris Skidelsky and Galia Sapelkin, were British subjects of Russian ancestry, Jewish on his father's side and Christian on his mother's. His father worked for the family firm L. S. Skidelsky which leased the Mulin coalmine from the Chinese government. Boris had three brothers, one of whom was the British novelist and bridge player and writer S. J. "Skid" Simon (1904–1948). In 1919, a factory was built by L. S. Skidelsky in Harbin for obtaining albumin from blood. When war broke out between Britain and Japan in December 1941, he and his parents were interned first in Manchuria then Japan and finally re ...
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The Nation (U
''The Nation'' is an American liberal biweekly magazine that covers political and cultural news, opinion, and analysis. It was founded on July 6, 1865, as a successor to William Lloyd Garrison's '' The Liberator'', an abolitionist newspaper that closed in 1865, after ratification of the Thirteenth Amendment to the United States Constitution. Thereafter, the magazine proceeded to a broader topic, ''The Nation''. An important collaborator of the new magazine was its Literary Editor Wendell Phillips Garrison, son of William. He had at his disposal his father's vast network of contacts. ''The Nation'' is published by its namesake owner, The Nation Company, L.P., at 520 8th Ave New York, NY 10018. It has news bureaus in Washington, D.C., London, and South Africa, with departments covering architecture, art, corporations, defense, environment, films, legal affairs, music, peace and disarmament, poetry, and the United Nations. Circulation peaked at 187,000 in 2006 but dropped to 145,00 ...
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The Texas Observer
''The Texas Observer'' (also known as the ''Observer'') is an American magazine with a liberal political outlook. The ''Observer'' is published bimonthly by a 501(c)(3)The Texas Democracy Foundation
. ''Exempt Organization Search''. Internal Revenue Service. Retrieved August 28, 2016.
, the Texas Democracy Foundation. It is headquartered in .



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William Darity Jr
William A. Darity Jr. (born April 19, 1953) is an American economist and social sciences researcher. Darity's research spans economic history, development economics, economic psychology, and the history of economic thought, but most of his research is devoted to group-based inequality, especially with respect to race and ethnicity. His 2005 paper in the Journal of Economics and Finance established Darity as the 'founder ostratification economics' His varied research interests have also included the Trans-Atlantic Slave Trade, African American reparations and the economics of black reparations, and social and economic policies that affect inequities by race and ethnicity. For the latter, he has been described as "perhaps the country’s leading scholar on the economics of racial inequality." He is currently the Samuel DuBois Cook Professor of Public Policy, African and African American Studies, and Economics at Duke University; he is also the director of thSamuel DuBois Cook Cent ...
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Robert L
The name Robert is an ancient Germanic given name, from Proto-Germanic "fame" and "bright" (''Hrōþiberhtaz''). Compare Old Dutch ''Robrecht'' and Old High German ''Hrodebert'' (a compound of '' Hruod'' ( non, Hróðr) "fame, glory, honour, praise, renown" and ''berht'' "bright, light, shining"). It is the second most frequently used given name of ancient Germanic origin. It is also in use as a surname. Another commonly used form of the name is Rupert. After becoming widely used in Continental Europe it entered England in its Old French form ''Robert'', where an Old English cognate form (''Hrēodbēorht'', ''Hrodberht'', ''Hrēodbēorð'', ''Hrœdbœrð'', ''Hrœdberð'', ''Hrōðberχtŕ'') had existed before the Norman Conquest. The feminine version is Roberta. The Italian, Portuguese, and Spanish form is Roberto. Robert is also a common name in many Germanic languages, including English, German, Dutch, Norwegian, Swedish, Scots, Danish, and Icelandic. It can be use ...
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The Predator State
''The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too'' is a book by economist James K. Galbraith, first published in 2008. The title refers to how in US society, as Galbraith sees it, public institutions have been subverted to serve private profit: the "predators" being corporate elites. He argues that these corporate interests run the state "not for any ideological project—but simply in a way that would bring to them, individually and as a group, the most money.” Background Galbraith was teaching economics at the University of Texas at Austin at the time of the book's creation. His previous book as author was ''Created Unequal: The Crisis in American Pay'', published in 1998. In April 2006 the author visited his father, John Kenneth Galbraith, who had had a decorated career as an economist, public official and ambassador. In this final meeting before his death, the elder Galbraith suggested that James write a book about "corporate p ...
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Library Of America
The Library of America (LOA) is a nonprofit publisher of classic American literature. Founded in 1979 with seed money from the National Endowment for the Humanities and the Ford Foundation, the LOA has published over 300 volumes by authors ranging from Mark Twain to Philip Roth, Nathaniel Hawthorne to Saul Bellow, including selected writing of several U.S. presidents. Overview and history The ''Bibliothèque de la Pléiade'' ("La Pléiade") series published in France provided the model for the LOA, which was long a dream of critic and author Edmund Wilson. The initial organizers included American academic Daniel Aaron,Cromie, William J., Ken Gewertz, Corydon Ireland, and Alvin Powell"Honorary degrees awarded at Commencement's Morning Exercises", ''Harvard Gazette''. June 7, 2007. Lawrence Hughes, Helen Honig Meyer, and Roger W. Straus Jr. The initial board of advisers included Robert Penn Warren, C. Vann Woodward, R. W. B. Lewis, Robert Coles, Irving Howe, and Eudora Wel ...
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2008–2009 Keynesian Resurgence
Following the global financial crisis of 2007–2008, there was a worldwide resurgence of interest in Keynesian economics among prominent economists and policy makers. This included discussions and implementation of economic policies in accordance with the recommendations made by John Maynard Keynes in response to the Great Depression of the 1930s, most especially fiscal stimulus and expansionary monetary policy. From the end of the Great Depression until the early 1970s, Keynesian economics provided the main inspiration for economic policy makers in Western industrialized countries. The influence of Keynes's theories waned in the 1970s due to stagflation and critiques from Friedrich Hayek, Milton Friedman, Robert Lucas Jr., and other economists, who were less optimistic about the ability of interventionist government policy to positively regulate the economy, or otherwise opposed to Keynesian policies. From the early 1980s to 2008, the normative consensus among economists was tha ...
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Financial Crisis Of 2007–2008
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability a ...
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Monetarism
Monetarism is a school of thought in monetary economics that emphasizes the role of governments in controlling the amount of money in circulation. Monetarist theory asserts that variations in the money supply have major influences on measures of national income and output, national output in the short run and on price levels over longer periods. Monetarists assert that the objectives of monetary policy are best met by targeting the growth rate of the money supply rather than by engaging in discretionary policy, discretionary monetary policy.Phillip Cagan, 1987. "Monetarism", ''The New Palgrave: A Dictionary of Economics'', v. 3, Reprinted in John Eatwell et al. (1989), ''Money: The New Palgrave'', pp. 195–205, 492–97. Monetarism is commonly associated with neoliberalism. Monetarism today is mainly associated with the work of Milton Friedman, who was among the generation of economists to reject Keynesian economics and criticise Keynes's theory of fighting economic downturns ...
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Free Market
In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of government or any other external authority. Proponents of the free market as a normative ideal contrast it with a regulated market, in which a government intervenes in supply and demand by means of various methods such as taxes or regulations. In an idealized free market economy, prices for goods and services are set solely by the bids and offers of the participants. Scholars contrast the concept of a free market with the concept of a coordinated market in fields of study such as political economy, new institutional economics, economic sociology and political science. All of these fields emphasize the importance in currently existing market systems of rule-making institutions external to the simple forces of supply and demand which create space for those ...
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