Op-Ed by James K. Galbraith
From The New Deal until the present moment the architecture of The United States formed around some basic principles of public policy; principles that will no longer apply under a Trump administration. With all the questions that are on the table when it comes to this transition, Dr. James K. Galbraith asks: “Is the study of public policy still useful? And can it serve as the basis of a rewarding and productive life?”
Dr. James K. Galbraith holds the Lloyd M. Bentsen Jr. Chair in Government/Business Relations and a professorship of government at the LBJ School of Public Affairs. He holds degrees from Harvard University and Yale University. He studied as a Marshall scholar at King’s College, Cambridge in 1974-1975 and then served in several positions on the staff of the U.S. Congress. He directed the LBJ School’s Ph.D. program in public policy from 1995 to 1997. He directs the University of Texas Inequality Project, an informal research group based at the LBJ School. Galbraith’s most recent book is “Inequality and Instability: A Study of the World Economy Just Before the Great Crisis” (Oxford University Press, 2012). Previous books include “The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too” (Free Press, 2008), “Created Unequal: The Crisis in American Pay (Free Press, 1998) and “Balancing Acts: Technology, Finance and the American Future” (Basic Books, 1989). “Inequality and Industrial Change: A Global View” (Cambridge University Press, 2001) is co-edited with Maureen Berner. He has co-authored two textbooks, “The Economic Problem” with Robert L. Heilbroner and “Macroeconomics” with William Darity Jr. He is a managing editor of Structural Change and Economic Dynamics.