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Season 2009 Episode 11.10.09

How Conservatives Abandoned the Free Market and Why Liberals Should Too

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How Conservatives Abandoned the Free Market and Why Liberals Should Too
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While liberals continue to believe in the free market, conservatives have abandoned it all together. If conservatives no longer take free markets seriously, why should liberals? Why keep liberal thought in the straitjacket of pay-as-you-go, of assigning inflation control to the Federal Reserve, of attempting to “make markets work”? Why not build a new economic policy based on what is really happening in this country? James K. Galbraith, professor of government at the LBJ School and author of The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too, is in conversation with Robert Kuttner, distinguished senior fellow at Demos and co-founder and co-editor of The American Prospect. Teresa Ghilarducci, an economic policy analysis professor at The New School for Social Research and the director of SCEPA moderates, This event was held by The New School.moreless
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