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LIVE STREAMING TODAY: Economist James K. Galbraith on "The Predator State"
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Streaming live video by Ustream
One of the nation's leading progressive economists, James K. Galbraith, will be speaking today about his new book, The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too, at the New America Foundation from 12:15 pm to 1:45 pm EST.
I will not be there as I will be over at the Department of State for a special reception and event that I'll write about this afternoon. But I will watch Galbraith afterwards -- and will post the video clip for others to see as well.
My colleagues Mark Schmitt -- who is the new Executive Editor of The American Prospect -- and Barry Lynn, Senior Fellow at the New America Foundation and author of End of the Line: The Rise and Coming Fall of the Global Corporation will offer comments; New America's Asset Building Program Research Director Reid Cramer will moderate.
James "Jamie" Galbraith -- son of close JFK adviser John Kenneth Galbraith -- is Lloyd M. Bentsen Jr. Chair of Government/Business Relations at the University of Texas at Austin and is former Executive Director of Joint Economic Committee in Congress.
He is one of the few economic voices that have been predicting today's economic mess, which just got messier with the increasing collapse of global markets that shrugged off President Bush's signing the bailout bill package Friday.
-- Steve Clemons
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Reader Comments (5) - post a comment
Excellent video up now on the poster grandfather of our present crisis and McCain's roll taking protection money:
http://www.barackobama.com/images/keating/keatingeconomics.mov
Good to see the Galbraith legacy continue.
"We pranked called Pizza Inn - Bad Idea"
In our town three foolish youth called up 50 dollars on an order and had it sent to a friend's house.
They had to stand in front of the establishment with green poster board with the above qoute on it, waving and smiling at passing traffic, today's front page story.
When will Greenspan have to stand with a sign saying "I prank called the Treasury, taxpayers, and your retirement fund."
On the corner of Wallt St. no less.
Sorry to have missed this forum, it's almost time to go and practice this afternoon.
The market has amazing resiliency due to the large sectors of inflexible demand curves.
This will form the core of its recovery.
This was anticipated for a long time. Retail stocks are about all that have held to gains in the Bush economy. This despite peak oil concerns.
When will Preznit George W. Bidness Failure finally be out of office?
The most vociferous predictor (he's been waving his arms for months and has been largely ignored) of the present economic shambles has been, and continues to be Mike Whitney. I've been following his prognostications for nearly 18 months now and he's been just about spot on all the way.
Having said that, Karl Marx had it all figured out 150 years back.
TARP ended up costing the taxpayer $25 billion. I don't know about all the bailouts, but I would like to see all of the money paid back. These CEO's are making record profits, so the least they could do is that.
-Randy
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