University of Texas economist James K. Galbraith, one of the country’s leading analysts of the financial crisis, argues that increased inequality is a product of the rise of windfall profits in finance and the deregulation of markets. In an interview with “The Real News,” he explains how he makes the case in his new book, Inequality and Instability: A Study of the World Economy Just before the Great Crisis.
Galbraith, who directs the Inequality Project at UT, will speak at 5604 Manor on Thursday, February 7.