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The Roots of American Misery — James K. Galbraith

Summary:
Among recent inquiries into the sources of American discontent, one finds many simplistic diagnoses based on dubious cliches, but also deep insights that look beyond headline economic indicators and conventional wisdom. And yet analyses that address root causes and offer meaningful solutions remain few and far between. Project Syndicate (subscription required)The Roots of American Misery James K. Galbraith | Lloyd M. Bentsen Jr. Chair in Government/Business Relations and Professor of Government at the Lyndon B. Johnson School of Public Affairs, The University of Texas at Austin

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Among recent inquiries into the sources of American discontent, one finds many simplistic diagnoses based on dubious cliches, but also deep insights that look beyond headline economic indicators and conventional wisdom. And yet analyses that address root causes and offer meaningful solutions remain few and far between.
Project Syndicate (subscription required)
The Roots of American Misery
James K. Galbraith | Lloyd M. Bentsen Jr. Chair in Government/Business Relations and Professor of Government at the Lyndon B. Johnson School of Public Affairs, The University of Texas at Austin

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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