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22+ Works 579 Members 12 Reviews 1 Favorited

About the Author

James K. Galbraith holds the Lloyd M. Renisen Jr. Chair in Government/Business Relations at the Lyndon R. Johnson School of Public Affairs at the University of Texas at Austin. He lives in Austin, Texas.

Works by James K. Galbraith

Macroeconomics (1994) 11 copies
Desigualdad (2017) 2 copies

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Reviews

Okay, I tried. There are no charts and graphs, but the text is still too dry to read for extended periods. I have to admit that I skimmed a lot of what was written - interesting in parts, but snooze-worthy in others.
 
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LDMichaelis | 4 other reviews | Jan 22, 2024 |
Galbraith's book "The Predator State" didn't make a great audio book. It's got depth and details, and you really need to take the time to pause and understand what he's presenting, i.e., to put the book down and think about his statements. Otherwise, it's just background noise, and you find you're not really absorbing what he's talking about. If the subject grabs you, I suggest you pick up the print (or e-book) version, and put some time aside to absorb it. As an audio book, unless you've got an excellent background in free market economics, it's too challenging.… (more)
 
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rsutto22 | 4 other reviews | Jul 15, 2021 |
This book was a dangerous but small dose of self-affirmation. I'm even more convinced now of the folly of the Eurozone (the common currency, not the Union necessarily), the corruption of the ECB and IMF (and the ineptitude of their leaders), and the criminality of their attacks on Greek sovereignty on behalf of creditors.

Many of the principles Graeber outlines in Debt are live in color here in Galbraith's insider account of the crisis, including the fact that markets can only be sustained when the state, which formed the market in the first place, is stronger than the market and its participants. The Eurozone does not meet this essential criterion and is therefore destined to change materially - smaller, weaker financial sector; unified tax system that facilitates flows from surplus to deficit areas; a strong central bank focused on prosperity rather than servitude to the financial sector, etc. In short, its leaders will, in Galbraith's words, come to understand "that the goal of economic policy cannot be to satisfy the gods of the bond market. It is to provide economic opportunity-full employment, education, health care, and decent pensions-to the people," or it will continue to collapse.




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shum57 | 1 other review | Jul 22, 2019 |
This book really annoyed me, and I loved it. I have long understood the Chicago School of Econ to be utterly bankrupt of ideas about the real world, and while I felt that Galbraith made strawmen out of other complex ideas with which he disagrees, I fundamentally agree with the arguments here.

The book is an easy read and should be read by anyone that cares about the present and future state of the US economy.
 
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shum57 | 3 other reviews | Jul 22, 2019 |

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Works
22
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Rating
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