How do we begin to understand the worsening economic crisis intertwined with the pandemic? What is to be done in the short term to avert possible worst-case scenarios? For this episode, Allen takes up these questions with political economist James K. Galbraith.
James K. Galbraith is an American economist and professor of government in the Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin. He is the author of many books, including Inequality and Instability: A Study of the World Economy Just Before the Great Crisis (Oxford, 2012), Economic Reform Now: A Global Manifesto to Rescue Our Sinking Economies (Palgrave, 2013), and The End of Normal: The Great Crisis and the Future of Growth (Simon & Schuster, 2014).