James K. Galbraith
Lloyd M. Bentsen Jr. Chair in Government/Business Relations at the LBJ School of Public Affairs at the University of Texas at Austin.
In 2010, Prof. Galbraith was elected to the seat formerly held by Paul Samuelson at the Accademia Nazionale dei Lincei.
Monetary Policy Institute Blog #85
“The reaction to Weber’s case for price controls, in short, is not against ‘Nixonian cynicism or Communist incompetence.’ It is against the truth of modern economic history, which is of an American triumph, long repressed, and of Chinese competence, impossible to ignore but equally impossible to acknowledge.”
Talk about Transitory! So far as one can tell, the great US inflation panic of 2021–2022 has ended. It was replaced briefly by a banking panic, and then, for a few months, by the great debt default panic of 2023. What will come next? Who knows? Since we live from one clickbait crisis to the next, surely they will come up with something.