James K. Galbraith

James K. Galbraith

James Kenneth Galbraith (born January 29, 1952) is an American economist who writes frequently for mainstream and liberal publications on economic topics. He is currently a professor at the Lyndon B. Johnson School of Public Affairs and at the Department of Government, University of Texas at Austin. He is also a Senior Scholar with the Levy Economics Institute of Bard College. He is also part of the executive committee of the World Economics Association, created in 2011.

Read more about James K. Galbraith:  Background, Career, Writings, Humanitarian Initiatives, Books

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    That reality is ‘independent’ means that there is something in every experience that escapes our arbitrary control. If it be a sensible experience it coerces our attention; if a sequence, we cannot invert it; if we compare two terms we can come to only one result. There is a push, an urgency, within our very experience, against which we are on the whole powerless, and which drives us in a direction that is the destiny of our belief.
    —William James (1842–1910)

    In all life one should comfort the afflicted, but verily, also, one should afflict the comfortable, and especially when they are comfortably, contentedly, even happily wrong.
    —John Kenneth Galbraith (b. 1908)