James K. Galbraith holds the Lloyd M. Bentsen Jr. Chair of Government/Business Relations at the Lyndon B. Johnson School of Public Affairs, the University of Texas at Austin, and a professorship in Government. One of his more recent books, Inequality and Instability: A Study of the World Economy Just Before the Great Crisis, was published in March, 2012 by Oxford University Press. His next, The End of Normal, was published by Free Press in 2014.
Galbraith holds degrees from Harvard (A.B., 1974) and Yale (Ph.D. in Economics, 1981). He won a Marshall Scholarship to King's College, Cambridge, and then served on the staff of the U.S. Congress, including as Executive Director of the Joint Economic Committee in the early 1980s. In the 1990s he consulted on macroeconomic reform to the State Planning Commission of China.
Galbraith is a Senior Scholar with the Levy Economics Institute, and Chair of the Board of Economists for Peace and Security, an international association of professional economists. He held a Fulbright Distinguished Visiting Lectureship in China in the summer of 2001 and was a Carnegie Scholar in 2003. In 2010 he was elected to the Accademia Nazionale dei Lincei, the world's oldest honorary scientific society. In 2012, he was President of the Association for Evolutionary Economics. He is the 2014 co-winner of the Leontief Prize for advancing the frontiers of economic thought.