…read Vickrey, he was a left-leaning Keynesian in the spirit of Max Sawicky or James Galbraith. Let’s recall the macroeconomic environment during the summer of 1993. We had continuing large…

The General Theory of Employment, Interest and Money by John Maynard Keynes was labeled one of the ten most harmful books over the past two centuries by this group of…

Interest Rates Adding their voices to Kash’s view that interest rates should not be changed are Supply Side advocate Jude Wanninski and Keynesian Economist James Galbraith in a joint Op/Ed…

The No Jobs President James K. Galbraith, who heads the University of Texas Inequality Project and who I correspond with fairly often, has today’s lead piece in Salon, The no…

Lynne Parramor via Alternet writes a passionate post on Pete Peterson, Alan Simpson, and Erskine Bowles regarding Social Security. Along the same vein comes this quote from John Kenneth Galbraith…

…the central point of James Galbraith’s critique of the book: First, he conflates physical capital equipment with all forms of money-valued wealth, including land and housing, whether that wealth is…

…is just the reverse.” — Polish joke (cited by J. K. Galbraith in Journey to Poland and Yugoslavia, 1958). David Spencer (2002) and Aaron Pacitti (2011) have each observed similarities…

…was once said, by John Kenneth Galbraith, to have “sank without trace” in the wake of John Maynard Keynes’s refutation of it.” A different view and one in which I…

…to include discussion of the Galbraith letter: [Link.] I even updated the title of the post to note the two updates. But I said in the original post and then…

…economist Gerald Friedman, high-profile economist James Galbraith, and some other economists. In a comment of my own, I disabused them of this. Then I updated my post to add that…