by Mark Thoma, University of Oregon (Department of Economics)
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The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too
Posted on May 27, 2008
This is a review of Jamie Galbraith's The Predator State from a forthcoming edition of the Journal of Economic Issues:Review of the Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too, by James K. Galbraith. New York, London, Toronto, Sydney: Free Press, 2008. (Note: review is based on Advance Uncorrected Proofs.): This is political economy at its best, in the tradition of Veblen s Theory of the Leisure Class, or J.K. Galbraith s The New Industrial State. The comparators are chosen carefully, for not only is The Predator State an update, it is equally as...
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economy , housing , supply side default explanation





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