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<title><![CDATA[James Galbraith - Articles - RealClearPolitics]]></title><link>http://www.RealClearPolicy.com/authors/rss/archive/17125.xml</link><description><![CDATA[James Galbraith]]></description><category domain="17125">Author</category><item>
							<title><![CDATA[Warsh's Best Move Is To Do Nothing]]></title>
							<link>https://basispointinsight.com/Story/Economy/kevin-warsh-s-best-move-is-to-do-nothing-_6c62f254df34.html</link>
							<guid><![CDATA[https://basispointinsight.com/Story/Economy/kevin-warsh-s-best-move-is-to-do-nothing-_6c62f254df34.html]]></guid>							
							<pubDate>Tue, 08 Sep 2026 00:00:00 -0500</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[Beholden to mainstream economic ideas, the US Federal Reserve Chair has committed himself, and his reputation, to a goal he cannot achieve. Reining in inflation requires not interest-rate adjustments, but much larger strategic shifts that are not within the Fed's power to influence. by...]]></description>
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							<title><![CDATA[Of Debt and Deficits and the Dollar System]]></title>
							<link>https://www.thenation.com/article/economy/us-federal-debt-40-trillion/</link>
							<guid><![CDATA[https://www.thenation.com/article/economy/us-federal-debt-40-trillion/]]></guid>							
							<pubDate>Tue, 25 Aug 2026 00:00:00 -0500</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[By force of preset agendas, conservatives and liberals react to debt headlines like Pavlov's dogs.]]></description>
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							<title><![CDATA[Trump NSS Logic: Rare Earths and Fuel]]></title>
							<link>https://responsiblestatecraft.org/trump-national-security-strategy/</link>
							<guid><![CDATA[https://responsiblestatecraft.org/trump-national-security-strategy/]]></guid>							
							<pubDate>Tue, 23 Dec 2025 00:00:00 -0600</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[For all its defects, the new National Security Strategy is an ice-breaker, and opens up policy space not seen in 40, 50 or perhaps 60 years.]]></description>
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							<title><![CDATA[The Democrats Committed Suicide This Year]]></title>
							<link>https://www.jordantimes.com/opinion/james-k-galbraith/democrats-committed-suicide-year</link>
							<guid><![CDATA[https://www.jordantimes.com/opinion/james-k-galbraith/democrats-committed-suicide-year]]></guid>							
							<pubDate>Thu, 14 Nov 2024 00:00:00 -0600</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[As of this writing, Donald Trump has received about 75.1 million votes in the US presidential election, and Kamala Harris about 71.8 million.Though the numbers will continue to rise as absentee and mail-in ballots are counted, Trump's final tally will be only slightly higher than his...]]></description>
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							<title><![CDATA[Inflation Shamanism]]></title>
							<link>https://www.bangkokpost.com/opinion/opinion/2870228/us-cant-rely-on-inflation-shamanism</link>
							<guid><![CDATA[https://www.bangkokpost.com/opinion/opinion/2870228/us-cant-rely-on-inflation-shamanism]]></guid>							
							<pubDate>Tue, 24 Sep 2024 00:00:00 -0500</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[Following the US Federal Reserve's decision to cut its policy rate by 50 basis points, mainstream economists are heaping praise on the central bank for supposedly reining in inflation while also maintaining growth and high employment levels. Yet the data clearly show that monetary policy...]]></description>
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							<title><![CDATA[Down on the Biden Economy]]></title>
							<link>https://www.jordantimes.com/opinion/james-k-galbraith/down-biden-economy</link>
							<guid><![CDATA[https://www.jordantimes.com/opinion/james-k-galbraith/down-biden-economy]]></guid>							
							<pubDate>Sat, 23 Sep 2023 00:00:00 -0500</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[In a recent CNN interview, Paul Krugman of The New York Times finds it hard to understand why ordinary American voters do not share his euphoric view of US President Joe Biden's goldilocks economy, which appears to be neither hot nor cold. Inflation is falling, unemployment remains low,...]]></description>
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							<title><![CDATA[The Debt Ceiling Drama Is All Stagecraft]]></title>
							<link>https://www.thenation.com/article/economy/debt-ceiling-yellen-spending-cuts/</link>
							<guid><![CDATA[https://www.thenation.com/article/economy/debt-ceiling-yellen-spending-cuts/]]></guid>							
							<pubDate>Sat, 13 May 2023 00:00:00 -0500</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[Remember: The US Treasury is obligated to make payments. The rest is optics.]]></description>
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							<title><![CDATA[The Federal Reserve Is What Caused SVB To Fail]]></title>
							<link>https://www.thenation.com/article/economy/svb-collapse-fed-causes-bailout/</link>
							<guid><![CDATA[https://www.thenation.com/article/economy/svb-collapse-fed-causes-bailout/]]></guid>							
							<pubDate>Wed, 22 Mar 2023 00:00:00 -0500</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[It's a war for the dollar'&#'.ord('Ã').';''&#'.ord('¢').';''&#'.ord('Â').';''&#'.ord('€').';''&#'.ord('Â').';''&#'.ord('”').';'and the big banks. The rest of us better hold on tight.]]></description>
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							<title><![CDATA[How To Fix the Broken U.S. Economy]]></title>
							<link>https://www.theguardian.com/commentisfree/2022/oct/07/us-economy-growth-inequality-james-k-galbraith</link>
							<guid><![CDATA[https://www.theguardian.com/commentisfree/2022/oct/07/us-economy-growth-inequality-james-k-galbraith]]></guid>							
							<pubDate>Sun, 09 Oct 2022 00:00:00 -0500</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[On one side, oceans of wealth and power. On the other, precarity and powerlessness. But we have the tools for reform]]></description>
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							<title><![CDATA[How the Left Should Think About Inflation]]></title>
							<link>https://www.thenation.com/article/economy/inflation-federal-reserve/</link>
							<guid><![CDATA[https://www.thenation.com/article/economy/inflation-federal-reserve/]]></guid>							
							<pubDate>Sun, 20 Feb 2022 00:00:00 -0600</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[There is no compelling reason to raise interest rates, now or later.]]></description>
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							<title><![CDATA[A Casablanca for Conservatives]]></title>
							<link>https://www.project-syndicate.org/commentary/university-of-austin-by-james-k-galbraith-2021-11?a_la=english&amp;a_d=618e9a68cb464b268b413a5d&amp;a_m=&amp;a_a=click&amp;a_s=&amp;a_p=homepage&amp;a_li=university-of-austin-by-james-k-galbraith-2021-11&amp;a_pa=curated&amp;a_ps=&amp;a_ms=&amp;</link>
							<guid><![CDATA[https://www.project-syndicate.org/commentary/university-of-austin-by-james-k-galbraith-2021-11?a_la=english&amp;a_d=618e9a68cb464b268b413a5d&amp;a_m=&amp;a_a=click&amp;a_s=&amp;a_p=homepage&amp;a_li=university-of-austin-by-james-k-galbraith-2021-11&amp;a_pa=curated&amp;a_ps=&amp;a_ms=&amp;]]></guid>							
							<pubDate>Sat, 13 Nov 2021 00:00:00 -0600</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[Conservative academics are decamping from their positions at top American universities to escape the ravages of wokeness and cancel culture. At the new University of Austin, progressives will no longer call the shots '&#'.ord('Ã').';''&#'.ord('¢').';''&#'.ord('Â').';''&#'.ord('€').';''&#'.ord('Â').';''&#'.ord('“').';' donors will.]]></description>
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							<title><![CDATA[Biden's Grand Opening]]></title>
							<link>https://www.project-syndicate.org/commentary/biden-american-rescue-package-by-james-k-galbraith-2021-01</link>
							<guid><![CDATA[https://www.project-syndicate.org/commentary/biden-american-rescue-package-by-james-k-galbraith-2021-01]]></guid>							
							<pubDate>Fri, 29 Jan 2021 00:00:00 -0600</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[With an economic rescue plan that is both ambitious and well targeted, US President Joe Biden and his team have demonstrated a clear understanding of the scale and range of action that the current situation requires. A broader reconstruction plan can and must come later; but crisis...]]></description>
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							<title><![CDATA[The Illusion of a Rapid U.S. Recovery]]></title>
							<link>https://www.project-syndicate.org/commentary/united-states-economy-illusions-of-reopening-by-james-k-galbraith-2020-06</link>
							<guid><![CDATA[https://www.project-syndicate.org/commentary/united-states-economy-illusions-of-reopening-by-james-k-galbraith-2020-06]]></guid>							
							<pubDate>Wed, 10 Jun 2020 00:00:00 -0500</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[The United States has built an economy based on global demand for advanced goods, consumer demand for frills, and ever-growing household and business debts. This economy was in many ways prosperous, and it provided jobs and incomes to many millions. Yet it was a house of cards, and...]]></description>
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							<title><![CDATA[Economic Numbers Don't Matter Now Amid Dire Crisis]]></title>
							<link>https://www.theguardian.com/commentisfree/2020/mar/28/us-unemployment-coronavirus-gdp</link>
							<guid><![CDATA[https://www.theguardian.com/commentisfree/2020/mar/28/us-unemployment-coronavirus-gdp]]></guid>							
							<pubDate>Sun, 29 Mar 2020 00:00:00 -0500</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[GDP will crash this quarter, but it's not a catastrophe in itself. The fall is a measure of the effectiveness of the lockdown]]></description>
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							<title><![CDATA[How America Can Beat COVID-19]]></title>
							<link>https://www.project-syndicate.org/commentary/covid-19-america-response-wwii-mobilization-by-james-k-galbraith-2020-03?a_la=english&amp;a_d=5e5fcf4f5efc9a3564f085fe&amp;a_m=&amp;a_a=click&amp;a_s=&amp;a_p=homepage&amp;a_li=covid-19-america-response-wwii-mobilization-by-james</link>
							<guid><![CDATA[https://www.project-syndicate.org/commentary/covid-19-america-response-wwii-mobilization-by-james-k-galbraith-2020-03?a_la=english&amp;a_d=5e5fcf4f5efc9a3564f085fe&amp;a_m=&amp;a_a=click&amp;a_s=&amp;a_p=homepage&amp;a_li=covid-19-america-response-wwii-mobilization-by-james]]></guid>							
							<pubDate>Thu, 05 Mar 2020 00:00:00 -0600</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[Compared to a world war, the COVID-19 epidemic is a fairly manageable problem, provided that the US government can rise to the challenge. But without a mass mobilization to secure critical supplies and prevent a panic, the crisis could easily spin out of control.]]></description>
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							<title><![CDATA[Extreme Inequality Creates Global Disorder]]></title>
							<link>https://www.thenation.com/article/extreme-inequality-creates-global-disorder/</link>
							<guid><![CDATA[https://www.thenation.com/article/extreme-inequality-creates-global-disorder/]]></guid>							
							<pubDate>Sat, 23 Jun 2018 00:00:00 -0500</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[And it's a problem that can only have a political solution.]]></description>
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							<title><![CDATA[Why Europe Needs a New Deal, Not Breakup]]></title>
							<link>https://www.thenation.com/article/why-europe-needs-a-new-deal-not-breakup/</link>
							<guid><![CDATA[https://www.thenation.com/article/why-europe-needs-a-new-deal-not-breakup/]]></guid>							
							<pubDate>Fri, 06 Oct 2017 00:00:00 -0500</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[The EU is facing a crisis of legitimacy'&#'.ord('Ã').';''&#'.ord('ƒ').';''&#'.ord('Â').';''&#'.ord('¢').';'??but retreating to the nation-state will only benefit the far right.]]></description>
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							<title><![CDATA[Inequality &amp; 2016: A Dirty Secret &amp; A Dilemma]]></title>
							<link>http://www.newgeography.com/content/005678-inequality-and-2016-election-outcome-a-dirty-secret-and-a-dilemma</link>
							<guid><![CDATA[http://www.newgeography.com/content/005678-inequality-and-2016-election-outcome-a-dirty-secret-and-a-dilemma]]></guid>							
							<pubDate>Wed, 05 Jul 2017 00:00:00 -0500</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[The presidential election of 2016 occurred at the crest of a national debate over economic inequality,'&#'.ord('Ã').';''&#'.ord('‚').';'  deeply researched by economists and sociologists since the 1990s, widely perceived to have risen sharply since the 1970s, and a focus of the first serious left-wing insurgency the...]]></description>
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							<title><![CDATA[Attack on the Middle Class!!]]></title>
							<link>http://motherjones.com/politics/2010/11/galbraith-social-security-middle-class</link>
							<guid><![CDATA[http://motherjones.com/politics/2010/11/galbraith-social-security-middle-class]]></guid>							
							<pubDate>Wed, 27 Oct 2010 00:00:00 -0500</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[THE REMARKABLE thing about the American middle class  is that we still have one, given the job losses, housing bust, and  401(k) wipeout of the past three years'&#'.ord('Ã').';''&#'.ord('¢').';''&#'.ord('Â').';''&#'.ord('€').';''&#'.ord('Â').';''&#'.ord('”').';'and considering that for 35  years, politicians (and the bankers who own them) have been hammering  away at middle-class...]]></description>
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							<title><![CDATA[We Don't Need to Pay Down the Debt]]></title>
							<link>http://www.theatlantic.com/business/archive/2010/09/why-we-dont-need-to-pay-down-the-national-debt/63273/</link>
							<guid><![CDATA[http://www.theatlantic.com/business/archive/2010/09/why-we-dont-need-to-pay-down-the-national-debt/63273/]]></guid>							
							<pubDate>Fri, 24 Sep 2010 00:00:00 -0500</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[Let me pass over Michael Kinsley's discourse on Boomer character--it didn't  appeal to me--and focus on his proposal that we devote our remaining  days to paying down the national debt.Why does he want to do  this?Kinsley doesn't explain. "Numbers are numbing" he yawns.  So he invokes...]]></description>
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							<title><![CDATA[Restoring Rule of Law on Wall St. Key to Recovery]]></title>
							<link>http://www.tnr.com/article/economy/76146/tremble-banks-tremble</link>
							<guid><![CDATA[http://www.tnr.com/article/economy/76146/tremble-banks-tremble]]></guid>							
							<pubDate>Fri, 09 Jul 2010 00:00:00 -0500</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[The financial crisis in America isn't over. It's ongoing, it remains unresolved, and it stands in the way of full economic recovery. The cause, at the deepest level, was a breakdown in the rule of law. And it follows that the first step toward prosperity is to restore the rule of law in...]]></description>
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							<title><![CDATA[In Defense of Deficits]]></title>
							<link>http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/03/21/INVQ1CF78N.DTL</link>
							<guid><![CDATA[http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/03/21/INVQ1CF78N.DTL]]></guid>							
							<pubDate>Sun, 21 Mar 2010 00:00:00 -0500</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[For this reason, the deficit phobia of Wall Street, the press, some economists and practically all politicians is one of the deepest dangers that we face. To cut current deficits without first rebuilding the economic engine of the private credit system is a sure path to stagnation, to a...]]></description>
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							<title><![CDATA[How Social Security Can Save Us All]]></title>
							<link>http://www.motherjones.com/politics/2009/05/security-blanket-how-social-security-can-save-us-all</link>
							<guid><![CDATA[http://www.motherjones.com/politics/2009/05/security-blanket-how-social-security-can-save-us-all]]></guid>							
							<pubDate>Mon, 11 May 2009 00:00:00 -0500</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[]]></description>
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							<title><![CDATA[Crisis is Worse Than You Think]]></title>
							<link>http://www.washingtonmonthly.com/features/2009/0903.galbraith.html</link>
							<guid><![CDATA[http://www.washingtonmonthly.com/features/2009/0903.galbraith.html]]></guid>							
							<pubDate>Sat, 21 Mar 2009 00:00:00 -0500</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[]]></description>
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							<title><![CDATA[Stimulus Is for Suckers]]></title>
							<link>http://www.motherjones.com/news/feature/2009/01/stimulus-is-for-suckers.html</link>
							<guid><![CDATA[http://www.motherjones.com/news/feature/2009/01/stimulus-is-for-suckers.html]]></guid>							
							<pubDate>Wed, 10 Dec 2008 00:00:00 -0600</pubDate>
							<author>James Galbraith</author>
							<description><![CDATA[]]></description>
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